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Keogh Plans

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  4. Can I contribute to a Keogh or SEP plan after age 70 1/2?

Can I contribute to a Keogh or SEP plan after age 70 1/2?

Yes. You may continue to contribute to your Keogh or SEP plan if you have Self-employment income. You are required to receive a minimum distribution by April 1 of the following year in which you reach age 70 1/2 after ages 70 1/2 if you are more than a 5% owner.

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