DianeC958
Expert Alumni

Retirement tax questions

If you are 70 1/2 during 2019 you cannot make a contribution to a Traditional IRA and receive a deduction on your tax return.  

 

However, you can still contribute to a Roth IRA and make rollover contributions to a Roth or traditional IRA regardless of your age.

 

For 2020 and later, there is no age limit on making regular contributions to traditional or Roth IRAs.

 

Retirement Topics - IRA Contribution Limits

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"