For 2024, the company I work for closed a pension and rolled that money over to an IRA (approx $20,000). Can I still make a Traditional IRA or Roth contribution on my 2024 taxes to lower my current Federal Tax amount that I owe. I'm using TurboTax to do my taxes and I'm at the Retirement and Investment prompt stating "it's not too late to make a IRA contribution of $8,000"(I'm over 50) on my taxes. Can I still make this investment into a Traditional or Roth IRA?
