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Can I make an IRA contribution? I am 70. It's confusing me on my current Turbotax tax submission

 
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Can I make an IRA contribution? I am 70. It's confusing me on my current Turbotax tax submission

If you are 70 1/2 during 2019 you cannot make a contribution to a Traditional IRA and receive a deduction on your tax return.  

 

However, you can still contribute to a Roth IRA and make rollover contributions to a Roth or traditional IRA regardless of your age.

 

For 2020 and later, there is no age limit on making regular contributions to traditional or Roth IRAs.

 

Retirement Topics - IRA Contribution Limits

 

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