Ross Cameron's career started on the 2nd of March 1996, which is more than 21 years ago. The first day of Ross Cameron's career was a Saturday.
A Roth IRA is an IRA that, except as explained below, is subject to the rules that apply to a traditional IRA. 1  You cannot deduct contributions to a Roth IRA. 2  If you satisfy the requirements, qualified distributions are tax-free. 3  You can make contributions to your Roth IRA after you reach age 70  Â½.
1 Thereâs no age limit for contributions to Roth IRAs. 2  For regular IRAs, you lose the ability to make contributions in the year you turn age 70Â½. 3  Not so for Roth IRAs. 4  If you meet the other requirements, you can set up a brand new Roth IRA at age 85 and begin saving for your âretirement.â Thereâs also no lower age limit.or some people the most important limit on contributions to a Roth IRA is based on modified adjusted gross income (âmodified AGI,â defined below). If this number is too large, your contribution limit may be reduced â possibly all the way to zero.