Hi Fangxial,
Thank you for the quick response. Just to make sure I have this correct. I am filing married filing jointly and I turned 65 in 2021.
I did put some money into a 401K in 2021. I can still put $7,000.00 into an IRA for 2021 tax purposes - is that correct? I can still do this IRA transaction by 4-215-22 - is that correct?
My wife put money into a 401K as well, but not the max. She is not working now. Can she still put $7,000.00 into an IRA for 2021 tax purposes - is that correct? I can still do this IRA transaction by 4-215-22 - is that correct?
Thanks again.
Richard P.
[phone number removed]
