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IRAs no longer defined by age

Answered by: 

Question: 
Can your customer have an IRA past 70 ½?
Answer: 

Your customer can have an IRA at any age if he or she earns income. Some IRAs require minimum distributions. Your customer could have contributions and required minimum distributions at the same time.

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Learn more about Deborah Crawford’s webinar IRA Fundamentals Every Banker Should Know

First published on 10/25/2020

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