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June 4, 2019
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Can my spouse contribute to her IRA in 2018? She was 70 on May 20, 2018. Could this possibly the last year she can contribute, or is over?

  • June 4, 2019
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Best answer by RachelW33

If your spouse has earned income from wages or self-employment, she is eligible to contribute to a ROTH IRA because there are no age restrictions.

Your spouse is not eligible to contribute to a Traditional IRA because she was not under age 70 1/2 at the end of the year.

1 reply

RachelW33
RachelW33Answer
June 4, 2019

If your spouse has earned income from wages or self-employment, she is eligible to contribute to a ROTH IRA because there are no age restrictions.

Your spouse is not eligible to contribute to a Traditional IRA because she was not under age 70 1/2 at the end of the year.

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