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Last-Minute IRA Contribution Can Cost You

Waiting until April to make your contributions can lead to missed opportunity. Plus, tips about backdoor Roth IRAs and the benefits of spousal IRAs.

Jeremy Glaser: For Morningstar, I'm Jeremy Glaser. As tax day approaches, many investors are thinking about making their 2016 IRA contributions. I'm here today with Christine Benz, she's our director of personal finance, for some tips.

Christine, thanks for joining me.