{"id":3601,"date":"2025-04-10T06:50:43","date_gmt":"2025-04-10T06:50:43","guid":{"rendered":"https:\/\/legendfusions.com\/usa\/?p=3601"},"modified":"2025-05-15T12:39:56","modified_gmt":"2025-05-15T12:39:56","slug":"reminder-to-make-your-ira-and-hsa-contributions-for-2024","status":"publish","type":"post","link":"https:\/\/legendfusions.com\/usa\/reminder-to-make-your-ira-and-hsa-contributions-for-2024\/","title":{"rendered":"Reminder to make your IRA and HSA contributions for 2024\u00a0"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"3601\" class=\"elementor elementor-3601\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-bd86005 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"bd86005\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ee7aa2 pbmit-bg-color-over-image\" data-id=\"7ee7aa2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0e7c0b9 elementor-widget elementor-widget-text-editor\" data-id=\"0e7c0b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"TextRun SCXW182461847 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW182461847 BCX0\">April 15 is not just Tax Day. <\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">It\u2019s<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\"> also the deadline for most <\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">individual retirement accounts (<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">IRA<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">S)<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\"> contributions, including traditional and Roth I<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">R<\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">As. <\/span><span class=\"NormalTextRun SCXW182461847 BCX0\">You can still catch up contributing to your IRAs and HSAs a couple of days from now.\u00a0<\/span><\/span><span class=\"EOP SCXW182461847 BCX0\" data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><!-- \/wp:html --><!-- \/wp:columns --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-86ce3c1 pbmit-animation-none elementor-widget elementor-widget-image\" data-id=\"86ce3c1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"847\" height=\"476\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/35-IRA-and-HSA-1024x576.webp\" class=\"attachment-large size-large wp-image-3612\" alt=\"2024 HSA contribution limits: $4,150 for self-only, $8,300 for family coverage\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/35-IRA-and-HSA-1024x576.webp 1024w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/35-IRA-and-HSA-300x169.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/35-IRA-and-HSA-768x432.webp 768w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2025\/05\/35-IRA-and-HSA.webp 1500w\" sizes=\"(max-width: 847px) 100vw, 847px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-43075ef elementor-widget elementor-widget-text-editor\" data-id=\"43075ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Here are the contribution limits for IRA to keep in mind:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><b><span data-contrast=\"auto\">$7,000<\/span><\/b><span data-contrast=\"auto\"> \u2013 if you are under age 50<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">$8,000<\/span><\/b><span data-contrast=\"auto\"> \u2013 if you are 50 and older\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">$1,000 <\/span><\/b><span data-contrast=\"auto\">\u2013 annual catch-up contribution if you are 50 and older<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">For Health Savings Account (HSA), stay within:<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<ul>\n<li><b><span data-contrast=\"auto\">$4,150<\/span><\/b><span data-contrast=\"auto\"> for self-only coverage<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">$8,300<\/span><\/b><span data-contrast=\"auto\"> for family coverage<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<li><b><span data-contrast=\"auto\">$1,000<\/span><\/b><span data-contrast=\"auto\"> \u2013 annual catch-up contribution if you are 55 and older<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;335559738&quot;:240,&quot;335559739&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">Even if you have already filed your taxes, you can still make a contribution and amend your return to claim the additional deduction.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb7eb7f elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"fb7eb7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h2 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tNeed Help? Contact Legend Fusions \r\n\t\t\t\r\n\t\t\t<\/h2>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a163596 elementor-widget elementor-widget-text-editor\" data-id=\"a163596\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>If you are unsure about how to make your IRA or HSA work best for your situation, our experts are here to guide you. At Legend Fusions USA, we help individuals and families maximize their tax-savings while building a secure financial future.\u00a0<\/p>\n<p><span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"https:\/\/legendfusions.com\/usa\/\">Contact us today<\/a> <\/span>to schedule a free consultation!\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a3e643 elementor-widget elementor-widget-pbmit_custom_heading\" data-id=\"8a3e643\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"pbmit_custom_heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t<div class=\"pbmit-custom-heading \"><h4 class=\"pbmit-element-title\">\r\n\t\t\t\r\n\t\t\t\tReviewed by:\r\n\t\t\t\r\n\t\t\t<\/h4>\r\n\t\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2d138c1 pbmit-col-stretched-none pbmit-cursor-color-blackish-color pbmit-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2d138c1\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c189860 pbmit-bg-color-over-image\" data-id=\"c189860\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-af9f5c8 elementor-position-left elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"af9f5c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp\" class=\"attachment-full size-full wp-image-2443\" alt=\"Hira\" srcset=\"https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira.webp 512w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-300x300.webp 300w, https:\/\/legendfusions.com\/usa\/wp-content\/uploads\/2024\/10\/Hira-150x150.webp 150w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/><\/figure><div class=\"elementor-image-box-content\"><h4 class=\"elementor-image-box-title\">Hira Asif<\/h4><p class=\"elementor-image-box-description\">Hira Asif, Client Manager (US) at Legend Fusions, brings over 11 years of tax expertise, including 8 years with Ernst &amp; Young. Her work focuses on tax advisory, compliance, and planning for individuals, partnerships, and private equity funds. With a deep knowledge of federal, state, and local tax regulations, Hira is skilled in identifying tax planning opportunities and reviewing corporate and partnership tax returns to optimize compliance and reduce exposures.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd3409a elementor-widget__width-initial elementor-shape-rounded elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"bd3409a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin elementor-repeater-item-2e23a96\" href=\"https:\/\/www.linkedin.com\/in\/hira-asif-1a08a81a1\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-linkedin\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>April 15 is not just Tax Day. It\u2019s also the deadline for most individual retirement accounts (IRAS) contributions, including traditional and Roth IRAs. You can still catch up contributing to your IRAs and HSAs a couple of days from now.\u00a0\u00a0 Here are the contribution limits for IRA to keep in mind:\u00a0 $7,000 \u2013 if you [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":3619,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-3601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/comments?post=3601"}],"version-history":[{"count":16,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3601\/revisions"}],"predecessor-version":[{"id":3624,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/posts\/3601\/revisions\/3624"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media\/3619"}],"wp:attachment":[{"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/media?parent=3601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/categories?post=3601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legendfusions.com\/usa\/wp-json\/wp\/v2\/tags?post=3601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}