Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Any suggestions for a senior citizen who still wants to invest dollars.
Question: How many IRA's can a senior aged 70 have? (who has one IRA) And, can a senior still contribute to an IRA after 70.5? thanks
Print the post Back To Top
No. of Recommendations: 4
How many IRA's can a senior aged 70 have? (who has one IRA)

As many as you like.

And, can a senior still contribute to an IRA after 70.5? thanks

Traditional, no. Roth, yes, if you have earned income (wages or self-employment).

See IRS Publication 590.

Phil
Print the post Back To Top
Advertisement