February 22, 2018

31 Weird Things About Retiring You Probably Didn’t Know

Retirees Can Still Save With Roth IRAs

Retirees Can Still Save With Roth IRAs

Just because you quit your day job doesn’t mean all retirement plans are off-limits to you. As long as you have taxable compensation, including wages from a side job or self-employment income, you can contribute to a traditional IRA until the year you turn 70 ½ years old.

There’s no limit to how old you can be to contribute to a Roth IRA. But, there are limits to how much you can contribute to a Roth IRA.

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