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Yes, even if she reached age 70.5 last year. She must also take required minimum distributions, however.
Here are some IRS FAQs on SEP-IRAs:
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-seps-contributions
Yes, even if she reached age 70.5 last year. She must also take required minimum distributions, however.
Here are some IRS FAQs on SEP-IRAs:
https://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-seps-contributions
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