Funding an IRA to save on this year's taxes

[wendyh1015]

Do I need to wait to file taxes after I fund an IRA

[AndreaG]

No. You can file your tax return either before or after you make the Traditional IRA contribution but you have to make the contribution by April 18, 2017 and you have to make sure and let the institution know that this is a contribution for the 2016 tax year.