Roth contribution for last year

If I do not have a Roth IRA, can I still open Roth IRA account and contribute for both 2023 and 2024 now, before April 15? Or does the account have to be open in 2023?

posted

Yes, you can open a Roth account and make a contribution for the prior year as well as this year as long as you open and make the contribution before April 15.

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