I just turned 72 this month. My wife and I are both retired. Can I contribute (and if so, how much) to a traditional IRA for 2021 and be able to deduct the contribution?
I know, (because I just turned 72), that I don't have to take a withdrawal for myself (RMD) until 1st quarter of 2023 when I will turn 73. And then I know I must take the RMD for 2022 also by the end of 2023.
Thanks.
