3 Moves You Can Make Today to Save Money on Your Taxes Next Year

3 Moves You Can Make Today to Save Money on Your Taxes Next Year

Now there are two main types of IRA you can open -- a traditional IRA and a Roth IRA. A Roth IRA won't give you an immediate tax break on the money you put in. Currently, you can contribute up to $6,000 a year to an IRA (whether it's a traditional or a Roth) if you're under the age of 50.