Maximize Your IRA Contribution
Contribute to your IRA today:
To open an IRA Account with Domini, visit our Open an IRA section.
If you are already a shareholder, fill out an investment slip or use the slip attached to your last account statement, and mail it to us with your contribution. You may also make a transaction today through online account access.
Make sure you get the maximum tax benefit from your IRA. The deadline to maximize your IRA contribution for the 2012 tax year is April 15, 2013.
The table below shows the maximum allowable contributions for the 2012 and 2013 tax years. You may invest a lump sum or set up an Automatic Investment Plan to contribute on a regular basis.
|
|
2012 |
2013 |
|
|
|
Maximum Annual |
Maximum Annual |
Monthly |
|
Under 50 |
$5,000 |
$5,500 |
$458.33 |
|
Age 50 and over |
$6,000 |
$6,500 |
$541.66 |
Learn more: Visit Investing for Retirement to learn more about IRAs.
The information set forth above is intended only as a brief, general overview of certain federal income tax provisions. It should not be considered tax, legal, or investment advice. Domini Social Investments LLC, DSIL Investment Services LLC, and their affiliates and agents are not tax advisors, and do not provide tax advice.
Each person’s financial situation is unique. All information and examples provided here are for general illustrative purposes only, and are addressed in general to a hypothetical reader, not to you specifically. Tax law is complex, subject to change at any time, and has many rules, details, and exceptions. State and local tax law varies from federal tax law. To learn about federal tax law and rules, details and exceptions concerning IRAs, you should read IRS Publication 590 “Individual Retirement Arrangements (IRAs)” available at www.irs.gov or by calling the IRS at 1-800-TAX-FORM (1-800-829-3676). If you have questions and for tax advice, you should consult a financial or tax advisor before acting.
Past performance is no guarantee of future results. Investment return, principal value, and yield will fluctuate so that an investor’s shares when redeemed may be worth more or less than their original cost. You may lose money. DSIL Investment Services LLC, Distributor. 01/13.
