Hello all…As the subject states, since the time to file and pay in Florida has been extended to May 1st due to the hurricanes, is the time to contribute to an IRA also extended to May 1st? I’m seeing mixed answers…Any help would be appreciated.
The deadline to make IRA contributions for 2024 is April 15th. The extension for those in hurricane disaster areas is for the time to file and the time to pay, there is no mention of the time to contribute to the IRA. Since it is not specifically expressed in the relief guidelines, it should be assumed that the time to contribute has not been extended.
Yes, the date to contribute to an IRA is postponed as well.
https://www.irs.gov/retirement-plans/disaster-relief-for-retirement-plans-and-iras
Hmmm…I see where it says it can be postponed, but I wonder if it was for this particular instance. Is there a way to be sure?