From FoxBusiness.com….
What if I told you there’s a legal way to shield more of your hard-earned cash from the IRS, and the government might actually reward you for taking advantage of it?
Well, there is. If you have a little extra cash you won’t need anytime soon, you can make a prior-year traditional IRA contribution and reap the benefits now and in retirement. Here’s a closer look at how it works and what kind of a difference it can make for your taxes.
