Can my wife contribute to a spousal ira for me after I have begun taking the rmd from that ira?

[Robert95]

I am 72 1/2 and have begun taking the RMD from a traditional IRA which has been maintained as a spousal IRA with contribution coming from my wife. My wife is 70 and is still working. Can she continue to make a contribution to this spousal IRA even while I am drawing the RMD from it?

[DanaB27]

Yes, as long as you have enough taxable compensation then you can make IRA contributions. There is no age limit on making regular contributions to traditional or Roth IRAs.

Please see Kay Bailey Hutchison Spousal IRA Limit for additional information.

[dmertz]

Keep in mind that deductible contributions made to an individual's IRA in or after the year they reach age 70½ creates basis in such contributions and Qualified Charitable Distributions will not be excludible from income until all of that basis has been contributed to charity.  This means that anyone contemplating making QCDs probably should not make deductible IRA contributions in or after the year they reach age 70½.