The owner of a daycare center told police that she was hit in the face with a shovel by the girlfriend of a drunken father of three children in her care because she would not allow him to leave the center with the children.
Almost anyone can set up a traditional IRA. The only requirements are that you generally must have taxable compensation (typically, salary or wages from your job) and be under age 70Â½ in order to put money into an IRA. Beyond that, the basic mechanics of setting up an IRA are pretty straightforward.
Contributions can be made to your traditional IRA for a year at any time during the year or by the due date for filing your return for that year, not including extensions. Age 70Â½ rule. Contributions cannot be made to your traditional IRA for the year in which you reach age 70Â½ or for any later year.