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Retirement tax questions
@macuser_22 wrote:
The way I read it (and Kiplinger seems to interpret it) is after 2019 there is no age limit to make Traditional IRA contributions at all as long as you have taxable compensation to support the contribution.
I agree; it appears as if they removed the 70½ limitation for contributions but did not replace it with "72".
As a result, provided there is earned income, one can make contributions regardless of age.
December 22, 2019
8:58 AM