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Who can contribute to a Traditional IRA?

There are three ways to be eligible to contribute to a Traditional IRA:

  • Anyone under age 70½ who has income from compensation
  • Anyone under age 70½ who is filing jointly with a spouse who earns compensation.
  • Anyone who has received a distribution from a qualified retirement plan and decides to move the proceeds of the plan into an IRA.

We will be closed on Monday, October 12th, in observance of Indigenous Peoples’ Day. We will resume normal business hours on Tuesday, October 13th. ATMs and online banking will remain available.