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Can Anyone Convert A Traditional IRA To A Roth?

January 24, 2024 by Ahmed Ali

Can Anyone Convert A Traditional IRA To A Roth? You can convert all or part of the money in a traditional IRA into a Roth IRA. Even if your income exceeds the limits for making contributions to a Roth IRA, you can still do a Roth conversion, sometimes called a “backdoor Roth IRA.” Can you

Can I Contribute To A Simple IRA After Age 70?

January 24, 2024 by Rachel Ostrander

Can I Contribute To A Simple IRA After Age 70? If you’re an employee of a company that offers a Simple IRA for employees, you’re allowed to contribute even if you’re older than 70 1/2. … As long as you’re still an otherwise eligible employee, you’re allowed to defer some of your income into the