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Self employed
@vintagetraveler wrote:
So does that mean I can still take out an IRA each year as a tax deduction? At age 70-1/4 and next year at age 70-1/2 ?
Yes, as long as you have taxable compensation you can contribute to an IRA and the contribution may be deductible. Contributions to a Roth IRA are not deductible.
Go to this IRS website for information on IRA contributions -
‎October 27, 2021
10:32 AM