Just a quick reminder –
If you want to make contributions to a Roth IRA, a Traditional IRA, or a Coverdell ESA for 2007, you need to make them before April 15th.
If you haven’t opened an account, and you want contributions to count for 2007, you have until April 15th to open the account AND fund the account.
Last year, my wife and I opened Roth IRAs in March, and fully-funded both of them for fiscal-year 2006. We even dug into our emergency fund so that we could ‘beat the deadline’. Why? Because, by design, these contributions are ‘use it or lose it’. If you miss a year, you miss a year, period.