There’s one week left to contribute to 2020 IRAs ahead of May 17 tax deadline

The extended tax-filing deadline gives many Americans extra time to contribute to certain investment accounts for 2020.

The IRS in March moved the due date for individual returns to May 17 from April 15 due to the coronavirus pandemic. It also confirmed in March that moving the filing deadline also pushed back the last day to contribute to individual retirement accounts and Roth IRAs for the 2020 tax year.