Contributions, Limits, and Distributions

When are IRA contributions due for my Self-Directed Traditional or Roth IRA?

IRA contributions are normally due on April 15th. Due to the IRS being backlogged from issuing CARES/COVID relief checks, the new date is May 17th, 2021 for 2020 contributions.


  1. The deadline for making IRA, ROTH IRA, & HSA contributions for the 2020 tax year is May 15th
  2. *If you live in Texas, Louisiana, or Oklahoma your tax deadline is June 15th because of the disaster declaration after the winter storm

If you are in any doubt you might miss this deadline, please file a tax extension, which will give you until October. 

I don't have a Rocket Dollar account yet, can I still make the deadline?

Core accounts take 3-4 weeks to open. 

Gold accounts take 2 weeks to open and fund.

If there is any doubt you will miss the deadline, please file a tax extension. Rocket Dollar cannot "rush order" accounts any faster than the current Gold account expedited service of two weeks. You can also contribute to an old IRA you have currently and then roll it into a new Rocket Dollar account.