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RETIREMENT SERVICES
2010 Important Information and Deadlines
With the year-end approaching, it is a perfect time to take stock of valuable opportunities and important
deadlines affecting IRAs and retirement plans.
Opportunities To Consider
• Open a retirement account for tax advantages and savings needs
• Contribute to IRAs for tax and savings benefits for you and your working children
Also of importance is the Saver’s Credit. Under this provision, lower-income taxpayers who contribute to
retirement plans or IRAs can claim a non-refundable tax credit of between 10% and 50% of the amount
they contribute, up to $1,000 ($2,000 if married filing jointly) based on their income.
Important Deadlines
10/1/10 Deadline to establish a safe harbor 401(k) provision for 2011
10/1/10 Deadline to establish a SIMPLE IRA for 2010
12/31/10 Deadline to establish a qualified plan for 2010
12/31/10 2010 Required Minimum Distribution (RMD)* deadline
12/31/10 Deadline to make a Roth conversion for 2010
1/24/11 401(k) salary deferral deposit deadline (for December 2010 deferrals)
3/15/11 Corporate employer sponsored retirement plan contribution deadline (plus extensions)
4/15/11 Self employed retirement plan contribution deadline (plus extensions)
4/15/11 Deadline to open and fund a traditional IRA, Roth IRA, Coverdell ESA, and HSA
4/15/11 Deadline to open and fund an employer funded SEP-IRA (plus extensions)
4/15/11 Deadline to recharacterize a 2010 traditional or Roth IRA contribution and Roth IRA
conversion (plus extensions)
Saving for your future is important – contact your
Oppenheimer Financial Advisor today to discuss these opportunities!
*If you turn age 70 ½ in 2010, you have until April 1, 2011 to take your first RMD. Some qualified retirement plan
participants who do not own more than 5% of the stock or who do not have more than a 5% interest in the plan sponsor’s
company, may be eligible to delay their RMD until the April 1st of the year following the year in which they retire.
© 2010 Oppenheimer & Co. Inc. Transacts Business on All Principal Exchanges and Member SIPC. All Rights Reserved.
The information contained herein is general in nature, has been obtained from various sources believed to be reliable but is not
guaranteed by us as to accuracy or completeness, and is subject to changes in the Internal Revenue Code, as well as other areas of
law. Oppenheimer & Co. Inc. does not provide legal or tax advice. Please contact your legal or tax advisor for specific advise
regarding your circumstances.
No part of this brochure may be reproduced in any manner without the written permission of Oppenheimer & Co. Inc.
RS102010RM1
Oppenheimer & Co. Inc.
125 Broad Street
New York, NY 10004
800-620-OPCO • 212-668-8000
www.opco.com

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2010 important information and deadlines

  • 1. RETIREMENT SERVICES 2010 Important Information and Deadlines With the year-end approaching, it is a perfect time to take stock of valuable opportunities and important deadlines affecting IRAs and retirement plans. Opportunities To Consider • Open a retirement account for tax advantages and savings needs • Contribute to IRAs for tax and savings benefits for you and your working children Also of importance is the Saver’s Credit. Under this provision, lower-income taxpayers who contribute to retirement plans or IRAs can claim a non-refundable tax credit of between 10% and 50% of the amount they contribute, up to $1,000 ($2,000 if married filing jointly) based on their income. Important Deadlines 10/1/10 Deadline to establish a safe harbor 401(k) provision for 2011 10/1/10 Deadline to establish a SIMPLE IRA for 2010 12/31/10 Deadline to establish a qualified plan for 2010 12/31/10 2010 Required Minimum Distribution (RMD)* deadline 12/31/10 Deadline to make a Roth conversion for 2010 1/24/11 401(k) salary deferral deposit deadline (for December 2010 deferrals) 3/15/11 Corporate employer sponsored retirement plan contribution deadline (plus extensions) 4/15/11 Self employed retirement plan contribution deadline (plus extensions) 4/15/11 Deadline to open and fund a traditional IRA, Roth IRA, Coverdell ESA, and HSA 4/15/11 Deadline to open and fund an employer funded SEP-IRA (plus extensions) 4/15/11 Deadline to recharacterize a 2010 traditional or Roth IRA contribution and Roth IRA conversion (plus extensions) Saving for your future is important – contact your Oppenheimer Financial Advisor today to discuss these opportunities! *If you turn age 70 ½ in 2010, you have until April 1, 2011 to take your first RMD. Some qualified retirement plan participants who do not own more than 5% of the stock or who do not have more than a 5% interest in the plan sponsor’s company, may be eligible to delay their RMD until the April 1st of the year following the year in which they retire. © 2010 Oppenheimer & Co. Inc. Transacts Business on All Principal Exchanges and Member SIPC. All Rights Reserved. The information contained herein is general in nature, has been obtained from various sources believed to be reliable but is not guaranteed by us as to accuracy or completeness, and is subject to changes in the Internal Revenue Code, as well as other areas of law. Oppenheimer & Co. Inc. does not provide legal or tax advice. Please contact your legal or tax advisor for specific advise regarding your circumstances. No part of this brochure may be reproduced in any manner without the written permission of Oppenheimer & Co. Inc. RS102010RM1 Oppenheimer & Co. Inc. 125 Broad Street New York, NY 10004 800-620-OPCO • 212-668-8000 www.opco.com