What Are the Age Limit Restrictions for IRA Contributions?


Quick Answer

People can make regular contributions to a traditional individual retirement account until the year in which they become 70 1/2 years old, according to the Internal Revenue Service. However, they can still make rollover contributions to a traditional IRA at any age.

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Full Answer

It is permissible to make contributions to a Roth IRA at any age, as stated by the IRS. There is also an age restriction on the amount an individual can contribute to either a traditional or a Roth IRA. For 2015, the most an individual can contribute at age 50 or under is $5,500. If an individual is over age 50, his limit is $6,500.

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