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30 Shocking Retirement Facts to Help You Prepare Your Nest Egg

April 21, 2020 · Saving & Spending

27. Retirees Can Still Save With Roth IRAs

If you’ve got a side gig or part-time job you can still make contributions to a traditional IRA account until you turn 70 ½. These benefits don’t just stop as soon as you leave your full-time work.

But did you know that there is no such limit when it comes to Roth IRA? It doesn’t matter how old you are, you can still contribute to these accounts, so if you’re still worried about savings, particularly because you’re in excellent health and think you’ll have plenty of years ahead of you, set your sights on a Roth IRA. The only thing you have to keep in mind is that the amount you can contribute is limited.

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