Age Limit for IRA Contribution

[Cathy from Chicago]

My mind has gone blank - can IRA contributions continue to be made after age 70 as long as person has earned income? Can min. distributions from IRA's be then delayed? Thanks...

[Guest kdm]

No one can make IRA contributions if over 70 1/2 by year end. RMDs must be taken even if still working.

[Guest Bob K]

If the IRA is a Roth IRA there is no RMD requirement or age limit onmaking contributions. I was not clear from your question whether you were limiting yourself to traditional IRAs or including Roth as well.

[Appleby]

For Roth IRAs there is no RMD requirement for the Roth IRA owner. However, beneficiaries are subject to the RMD rules after the Roth IRA owner dies.