jon79
Returning Member

Traditional IRA Contribution

Me (and spouse) are both 60 without a retirement plan at work, so we qualify for max $7000 each Traditional IRA contribution.  However, part of the 2020 year (Jan-Aug) I did work for an employer with a 401k retirement plan and I participated in that plan.  Do I qualify for benefits of this max contribution level given I presently do not work for an employer with with a retirement plan?  TurboTax only asks me about present employer and when I answer that question it indicates I qualify but want to confirm the earlier year employment doesn't change that eligibility.  Thank you!