Currently the annual IRA contribution limit is $5,500. Let's say I wanted to put $5,500 in my IRA for this year (2015) and for next year (2016), for a total of $10,100. How late can I put in the $5,500 for this year? Do I have to put it in the IRA by Dec 31 or can I do it before Apr 15, Tax Day?
One thing that's unclear to me and that could help elucidate the answer... do I get any documentation from the IRA provider w.r.t. my IRA? Do I get a 1099 or some such showing how much money I've contributed in the IRA? If so then when might I get that and when might it be mailed out? If it's mailed out on Feb 1 could that mean that Feb 1, 2016 would be the deadline for me to put funds in my IRA for 2015? Or maybe the deadline is Apr 15, 2016 but I'd just have to add my last contribution manually to a particular section on the form?