My husband is 66, is working so has earned income, also draws SS, has an IRA but no other retirement plan. Can he still make a tax deductible contribution? We file MFJ.

I do have a 401K through my employer and I do not have an IRA.

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My husband is 66, is working so has earned income, also draws SS, has an IRA but no other retirement plan. Can he still make a tax deductible contribution? We file MFJ.

The answer is a qualified "yes" depending on your income. Please see IRA FAQ and this IRA page on Contribution Limits - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li....

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My husband is 66, is working so has earned income, also draws SS, has an IRA but no other retirement plan. Can he still make a tax deductible contribution? We file MFJ.

The answer is a qualified "yes" depending on your income. Please see IRA FAQ and this IRA page on Contribution Limits - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li....

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