For 2020 and later, what is the age requirement (if any) to contribute to a...
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Accounting
For 2020 and later, what is the age requirement (if any) to contribute to a tradittional IRA?
A. The taxpayer must be under age 701/2, but there is no minimum age.
B. The taxpayer must be at least age 18, but there is no maximum age.
C. The taxpayer must be at least 19 if not a full-time student, or age 24 if they are a full-time student, but there is no maximum age.
D. There is no age requirement if the taxpayer meets the compensation requirements.
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