Retirement Contribution Limits

Today on the Woodruff Accounting blog, we wanted to share a quick reference guide for the retirement contribution limits that you can make each year (as of February 2020). Additionally, the deadline to make 2019 contributions to an IRA is April 15.

IRS information on this topic can be found here.

Woodruff accounting would love to partner with you in saving for retirement and understanding its implications for taxes. If you have any questions, feel free to contact us.