I retired from my employer in early 2020. During my employment, I had 403B and an annuity retirement plan to which I regularly contributed. After my retirement, I'm no longer able to contribute to those plans. Currently, I'm receiving monthly distributions from those plans.
In 2021, I received a bonus (based on my partial 2020 employment) and correspondingly, I've received a 2021 W2 in which Box 13 was not checked.
My question is whether I can contribute up to the $7,000 limit to a traditional IRA and get the deduction on my 2021 taxes? Or, am I still considered "covered" by those retirement plans, precluding me from the deduction, when combined with our AGI?
Thank you.
