Can SEP/IRA contributions be made after age 70 1/2?
Please let me know if an individual who continues to work in their self-employed business (schedule C) can still make SEP-IRA contributions after age 70 1/2.
Please let me know if an individual who continues to work in their self-employed business (schedule C) can still make SEP-IRA contributions after age 70 1/2.
Permalink Submitted by Alan Spross on Fri, 2007-11-30 20:26
Yes, they can, but they also must take RMDs.