PATAX
Level 15
10-20-2022
12:43 PM
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Can a client who is semi-retired make a contribution to his IRA account, employer does not have pension plan, and deduct the IRA contribution in 2022, if the client is required to make an RMD (12K) from the same IRA in 2022. Thanks a lot, I appreciate it
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IRonMaN
Level 15
10-20-2022
01:48 PM
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Since there is no age limit on contributions it sure sounds like that isn't an issue.
Slava Ukraini!
PATAX
Level 15
10-20-2022
03:04 PM
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Thanks IronMan. That's what I thought. Client said he asked his broker and didn't get an adequate answer, so I thought maybe there's something for 2022.
IRonMaN
Level 15
10-20-2022
03:55 PM
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You betcha!
Slava Ukraini!
