Making contributions while taking 72t distributions
Can you make contributions to a 401(k), Roth, or Traditional IRA while you are taking 72 distributions? For example, if someone was retired and started taking 72t’s at age 50, but got bored and went back to work at age 55, could they sign up for their 401(k) and thereby offset part of the 72(t) distributions?
Permalink Submitted by Alan - IRA critic on Wed, 2013-07-03 20:25
Contributions can be made to accounts OTHER THAN those funding the 72t plan. For example, if the plan is funded by IRA account A and A was the only IRA on which the calculations were based, then new IRA contributions can be made to a different IRA account or to a 401k.