2016 IRA Contribution Instructions

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If you need to make a deposit into your Traditional IRA or Roth IRA account, Schwab will be accepting deposits up until April 18th. That means the check needs to be postmarked on or before April 18th to count as a 2016 contribution.

Don't Run out of Time! Still Need to make Your 2016 IRA Contribution-The maximum total annual contribution for all your IRAs combined in 2016 is:

$5,500 if you’re under age 50
$6,500 if you’re age 50 or older

Check Deposit Instructions

Make Check Payable to;
Charles Schwab & Co., Inc.
Schwab Mailing Address;
Regular Mail
Charles Schwab & Co., Inc.
P.O. Box 628290
Orlando, FL 32862-8290
Phone Number: 877-774-3892

Overnight Mail
Charles Schwab & Co., Inc.
1958 Summit Park Drive #500
Orlando, FL 32810-5931
Phone Number: 877-774-3892

Important- Please include your Schwab account number in the Memo line of the check and the write the “Year 2016”. If you do not have your account number handy, please give me a call and will give it to you.

For those of you with electronic links established between your bank account and Schwab, contributions can be made that way as well.

If you do not have an IRA account with us, what are you waiting for? Check out our investment management page for more information.  Give me a shout, we can still set one up for you!

Joe, Jr.