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Level 1
June 1, 2019
Solved

Can i reduce my tax by contributing to a traditional IRA if i am 70.5 years old?

  • June 1, 2019
  • 1 reply
  • 17 views
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Best answer by MichaelL1

For a Traditional IRA, once you reach the year in which you turn age 70 ½ you are no longer eligible to make a Traditional IRA contribution.


1 reply

MichaelL1
MichaelL1Answer
Level 15
June 1, 2019

For a Traditional IRA, once you reach the year in which you turn age 70 ½ you are no longer eligible to make a Traditional IRA contribution.