If you continue to work, can you still make contributions to a 401K plan after age 70 1/2?
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Maybe.
TTB, page 13-25: "The prohibition on deducting contributions to an IRA after reaching age 70 1/2 does not apply to other retirement plans as long as all other rules on making deductible contributions are met."
It then goes on the explain that if the employee is a more than 5% owner of the employer or a self-employed individual, then distributions from the plan must still begin by April 1 of the year following the year the employee turns age 70 1/2, even if the employee or self-employed individual has not yet retired. Also, self-employed individuals can still contribute after 70 1/2, but they must at the same time take RMD.
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