You'll need to sign in or create an account to connect with an expert.
Nothing has changed for the age when you can no longer contribute to a Traditional IRA. The age remains at age 70 1/2 or younger.
For a Roth IRA anyone can contribute regardless of age.
DoninGA's answer applies to 2019; you are not permitted to make a traditional IRA contribution for 2019 if you were age 70½ or over in 2019. The age restriction on traditional IRA contributions has been eliminated only for contributions made for 2020 and beyond.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bjw5017
New Member
AE_1989
New Member
4md
New Member
josephmarcieadam
Level 2
cj5
Level 2