We're in the middle of tax season and many people are still getting their paperwork together and wondering about ways to save money on last year's taxes. The good news is there are ways to potentially save on your taxes even though we're in a new year, and today we're going to talk about how with Matt Pastor, RICP® on our latest podcast. This conversation is particularly beneficial for individuals who have just realized their oversight in contributing to their Individual Retirement Account (IRA).

Here's some of what we discuss in this episode:

• Why it's common for people to not be aware of this IRA option and what you need to know about contribution amounts.
• Should you put money into those retirement accounts or is it better to use elsewhere?
• How significant could the tax savings be over time?
• Where do you find the balance between liquidity and adding to retirement accounts?

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