2013 Catch-Up Contribution
Sir/Madam,
I have a client who turns 50 in September. I’m just writing to confirm that he will be eligible for the catch-up contribution to his Roth IRA in 2013.
In other words, he does not have to be 50 for an entire calendar year, correct?
Thank you in advance.
Permalink Submitted by Alan - IRA critic on Thu, 2013-03-07 20:02
Client qualifies for the catch up contribution for 2013 and can make that contribution before actually reaching 50.