SabrinaD2
Expert Alumni

Retirement tax questions

Yes, you can still make a contribution of $8,000 to another IRA, even after making a tax-free rollover from an annuity to a traditional IRA. The rollover does not count towards your annual contribution limit.  However, if you choose to contribute directly to the IRA after your rollover, you'll be subject to the income eligibility requirements here.

 

For 2025, the IRA contribution limits are:

  • $7,000 for individuals under age 50
  • $8,000 for individuals aged 50 and older

 

You can find more details on IRA contribution limits and rollover rules in these  Empower and Kiplinger articles

 

 

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