Still others intend to add to their IRAs but simply put it off until another year's deadline passes. The story is similar for retirement plan participants, said F. William McNabb, managing director and head of Vanguard's Institutional Investor Group, which oversees plans serving some 2.5 million people. But then, 'someday' never seems to arrive, and they don't get started on providing for their retirement. If your employer matches some part of your retirement plan contributions, put at least enough money in the plan to get every dollar of the match. If you plan to contribute to either a traditional IRA that may offer an upfront tax deduction or a Roth IRA, which could allow you totally tax-free withdrawals, don't wait.
Procrastination can be costly.
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