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May an individual who is working in the year age 70½ is attained or later, contribute to a designated Roth account?
Rev. 08/23/07, E-mail Alert 2007-11

Yes, (unlike traditional IRA contributions) designated Roth contributions may be made in the year a participant attains age 70½ or beyond, provided the individual continues to work.

 

 

To learn more, call 973-492-1880 or e-mail info@mhco.com.

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