You have two options for making a regular contribution to an IRA—a traditional and a Roth. Whichever option you choose, your contribution must be made by your tax-filing due date. Extensions do not ...

When a business wants to calculate exactly how much revenue it earns from the sale of its products, it looks at the contribution margin ratio. The contribution margin ratio tells a company how much ...

Monitor total annual contributions to both Roth and traditional IRAs to avoid penalties. Remove excess contributions by tax deadline to escape a 6% yearly tax. Recharacterize Roth excess to a ...

To run a company successfully, you need to know everything about your business, including its financials. One of the most critical financial metrics to grasp is the contribution margin, which can help ...

The Tax Code gives IRA owners a limited time to take back their IRA contributions. You can use such a "corrective distribution" to avoid a penalty for an excess IRA contribution. You can also use it ...

A 401(k) true-up is an end-of-year calculation that some employers use to make sure that they have contributed everything they owe to an employee's retirement plan. True ups occur in retirement plans ...