Hello. I am 70 years old and can benefit on my income tax return this year if I open a traditional IRA account and contribute the $7500 maximum. (Most of my investments are in real estate.)
If I do that, what are the rules for withdrawing from that account, say, next year when I am 71. Can I withdraw all of it?
Thanks,
Rocky
If I do that, what are the rules for withdrawing from that account, say, next year when I am 71. Can I withdraw all of it?
Thanks,
Rocky