RMD age client still working can make contributions to Roth?

Submitted by Shahpar Naghshineh on Tue, 2010-10-12 17:49

Hello,

IRA acct holder of the RMD age did take his RMD out but since he is still working, he is making contributions to his 401(k) and he is making contributions to his Roth IRA . Are there any limitations on making contributions in this case?



Submitted by Alan Spross on Tue, 2010-10-12 17:57

No limits on contributions. A traditional IRA is the only type of retirement plan where contributions must stop due to age.



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