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Suze School: Revisiting The Five Year Rule For Roth Retirement Accounts

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

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How to Make a Contribution to a Roth IRA in 2022

You have until April 15 or whatever the tax day is for that year to make a contribution to last year's Roth IRA. So you are making a contribution in 2022 but for the 2021 Roth IRA. Is your five-year tax year up in a 2025, b2026 or c2027? Think about it. The answer is a 2025. Why? Because even though it was made April 15 of 2022, it was made for a Roth in 2021.

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