Age limit for SEP-IRA's

[Unregistered]

Is the traditional IRA age requirement of under 70 1/2 applicable to SEP IRA's?

[OldJack]

Is the traditional IRA age requirement of under 70 1/2 applicable to SEP IRA's?

Not sure just what you are asking.

Are you talking about a self-employed person contributing to a SEP-IRA or an employer contributing for an employee?

Are you talking about the SEP-IRA requirements for contributions or withdrawals for a person over the age of 70½?

Restate your question and I am sure someone here will give you the answer.

[Bees Knees]

TTB, page 13-25 "No deduction is allowed for contributions to an IRA for any year in which the individual has reached age 70 1/2 or older. However, this rule does not apply to SEP-IRAs or SIMPLE-IRAs."

It then provides citations and rules for other retirement plans and self-employed individuals.