Why Investors Wait Until April to Fund Their IRA
Robert R. Johnson
Some investors are loath to fund their IRA until the last minute, waiting until shortly before the April 15 deadline, a practice that can affect the returns on their retirement portfolios.
Although a large number of investors follow this strategy, waiting until April to make the contribution yields lower returns long-term, said Robert Johnson, president of The American College of Financial Services in Bryn Mawr, Pa.
Chang, Ellen, "Why Investors Wait Until April to Fund Their IRA" (2016). In the News. 1204.