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Doing taxes for Aunt in law - It's contribution question

Posted on 3/26/23 at 6:20 pm
Posted by thelawnwranglers
Member since Sep 2007
42037 posts
Posted on 3/26/23 at 6:20 pm
Over 65 working full time under 72

Sitting on cash- should I coach her to do IRA contribution because worse case she can withdraw it anytime but gets additional tax deduction?
This post was edited on 3/26/23 at 6:21 pm
Posted by thelawnwranglers
Member since Sep 2007
42037 posts
Posted on 3/26/23 at 6:49 pm to
I guess you kick can down road when rate could be higher maybe not worth it
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