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Is there an age limit on putting money in a 401K?

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No, there is no age limit on putting money into a 401k. As long as you are still employed by the employer that sponsors the 401k, you are allowed to continue making tax-free contributions into the 401k.

Required Minimum Distributions (RMDs) from qualified employer plans generally must begin for the year the individual reaches age 70 1/2. However, RMDs can be delayed until the year the individual retires from the employer if he continues to work past age 70 1/2. However, this RMD exception does not apply to particiapants who are more-than 5% owners of the business sponsoring the qualified plan.

[IRC Sec. 401(a)(9)(C) and Reg. Sec. 1.408-8, Q&A-2]
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