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IRA Deposit at 75yrs old


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Guest irr7342
Posted

Can someone age 75 make a contribution to an IRA account or do contributions cease at age 70 1/2 (min Dist).

Thanks

Posted

You can't contribute to a traditional IRA but you could contribute to a Roth IRA if you have earned income and your income is not over the limit.

Barry Picker, CPA/PFS, CFP

New York, NY

www.BPickerCPA.com

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