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mail4palmer2
March 30, 2020
Question

Can I contribute to my spouse's IRA even though she is 72 because I am still working based on a new law?

  • March 30, 2020
  • 1 reply
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1 reply

DawnC
DawnC
Employee
March 30, 2020

For 2019, if you’re 70 ½ or older, you can't make a regular contribution to a traditional IRA. 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.  

 

 

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