Here’s an important reminder if you have an individual retirement account (IRA) or are considering opening an IRA.

2012 contributions to your IRA accounts can still be made up through April 15, 2013.

IRA Contribution Limits for 2012*

Traditional/IRA Rollover: $5,000 ($6,000 if you are 50 years old or older)
Roth IRA: $5,000 ($6,000 if you are 50 years old or older)
SIMPLE IRA: $11,500 ($14,000 if you are 50 years old or older)
SEP IRA: $50,000

*Note: The maximum contribution limit is affected by your taxable compensation for the year. Refer to IRS Publication 590 for full details.