The National Directory of Certified Public Accountants

Ask A CPA - IRAs - Traditional

IRA - Over 70 1/2 Years Old

No. You cannot contribute to a traditional IRA once you reach 70 1/2. The year in which you turn 70 1/2 is the tax year you cannot contribute to an IRA. For example if you turn 70 1/2 in the current year, you can still make a contribution by April 15, of the following year for the current year but cannot make any contributions for a traditional IRA related to the following tax year.

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