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Level 1
February 28, 2022
Question

IRA

  • February 28, 2022
  • 2 replies
  • 4 views

Can I contribute to my IRA in the same year I started distributions?

    2 replies

    ColeenD3
    Level 15
    February 28, 2022

    Yes, assuming you still have earned income.

     

    [Edited 2/28/2022|8:31 PST]

     

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    Alumni - Champ
    February 28, 2022

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

    Retirement Topics - IRA Contribution Limits | Internal Revenue Service (irs.gov)