Client reaches 70 1/2 Submitted by Roy Williams on Tue, 2010-11-16 20:39 If my client is 70 1/2 and still working can he and the company he works for contibute to a Simple IRA? Flag as spam
Permalink Submitted by Alan Spross on Tue, 2010-11-16 20:46
Yes, there is no age limit for SIMPLE IRA contributions. But he must also take RMDs from the SIMPLE IRA even though he is still working.