The 2021 tax deadline is upon us. Along with paying additional taxes, something else often is missed more than it should be, and that is contributing to your IRA or Roth. Being that I was a professional golfer, I like to compare a lot of things to golf. Missing an IRA/Roth contribution is like missing a 1-foot putt in golf. There could be a valid reason for not making a contribution, such as no earned income, but for most people, it’s an unforced error if you don’t do it.
These vehicles by design are as tax efficient as any investment vehicle. Some argue that you can’t get a better deal than the Roth, as it grows tax-free and you can pull the money out tax-free. The IRA isn’t quite as tax friendly, but the ability to invest money in a vehicle that allows tax deferral for many years presents a compelling nod.
...WIND ADVISORY REMAINS IN EFFECT FROM 1 PM SUNDAY TO 1 PM CDT
MONDAY...
...FREEZE WARNING IN EFFECT FROM 10 PM MONDAY TO 10 AM CDT TUESDAY...
* WHAT...For the Wind Advisory, southwest winds 10 to 20 mph with
gusts up to 40 mph expected. For the Freeze Warning, sub-freezing
temperatures as low as 24 expected.
* WHERE...A portion of central Alabama.
* WHEN...For the Wind Advisory, from 1 PM Sunday to 1 PM CDT Monday.
For the Freeze Warning, from 10 PM Monday to 10 AM CDT Tuesday.
* IMPACTS...Gusty winds will blow around unsecured objects. Trees
could be blown down and a few power outages may result. Frost and
freeze conditions could kill crops, other sensitive vegetation and
possibly damage unprotected outdoor plumbing.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Winds this strong can make driving difficult, especially for high
profile vehicles. Use extra caution.
Secure outdoor objects.
Take steps now to protect tender plants from the cold.
To prevent freezing and possible bursting of pipes they should be
wrapped, drained, or allowed to drip slowly.
Those that have in ground sprinkler systems should drain them and
cover above ground pipes to protect them from freezing.
&&
...WIND ADVISORY REMAINS IN EFFECT FROM 1 PM SUNDAY TO 1 PM CDT
MONDAY...
...FREEZE WARNING IN EFFECT FROM 10 PM MONDAY TO 10 AM CDT TUESDAY...
* WHAT...For the Wind Advisory, southwest winds 10 to 20 mph with
gusts up to 40 mph expected. For the Freeze Warning, sub-freezing
temperatures as low as 24 expected.
* WHERE...A portion of central Alabama.
* WHEN...For the Wind Advisory, from 1 PM Sunday to 1 PM CDT Monday.
For the Freeze Warning, from 10 PM Monday to 10 AM CDT Tuesday.
* IMPACTS...Gusty winds will blow around unsecured objects. Trees
could be blown down and a few power outages may result. Frost and
freeze conditions could kill crops, other sensitive vegetation and
possibly damage unprotected outdoor plumbing.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Winds this strong can make driving difficult, especially for high
profile vehicles. Use extra caution.
Secure outdoor objects.
Take steps now to protect tender plants from the cold.
To prevent freezing and possible bursting of pipes they should be
wrapped, drained, or allowed to drip slowly.
Those that have in ground sprinkler systems should drain them and
cover above ground pipes to protect them from freezing.
&&
