@jimp823 wrote:
My mother turned 70.5 in 2019, but did not/does not have a traditional IRA. With the SECURE act, can she now set up a Traditional IRA in 2020, and not have to take RMDs until she turns 72 and continue to make contributions as long as she wants?
Yes to both questions.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
