Report post
The Roth IRA is an attractive retirement savings option, but there are age considerations. While there's no specific age when a Roth IRA doesn't make sense, contributing after age 72 may not be beneficial due to required minimum distributions (RMDs) in traditional IRAs. There's no age limit for funding a Roth IRA, but contributions are phased out for high-income earners. Contributions can be made until the account owner reaches age 75. The best age to convert a traditional IRA to a Roth IRA depends on individual circumstances.

The World's Leading Crypto Trading Platform

Get my welcome gifts