For all those individuals wondering that if you can still make a contribution to a retirement plan, donâ€™t worry if you havenâ€™t set up a retirement account by December 31st, 2015. There is still time to contribute to a retirement plan â€“ Traditional IRA & Roth IRA. Both are advantageous plans and help contribute towards financial security at the time of your security. In the following article, we will discuss details regarding Traditional IRA and the pros/cons associated from a tax point of view.
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