Welcome to the Jill on Money Coronavirus Market Update. It is Tuesday, July 7th.

And hopefully that I had a lot of people took yesterday off. I didn't I worked yesterday 18 live radio hits and I'm still talking it's amazing how much I talk it's like I get so sick of my voice, so does Mark. He hears it in his dreams, in his nightmares,

it's my voice. Sorry Mark. If you've got a financial question, send us an email, ask Jill at Jill on Money.com.

Hey, and Mark tells me that I'm not pumping up the newsletter enough on the

podcast. So go to our website Jill on Money.

Everybody sign up for our free weekly newsletter.

It's free, comes out on Fridays, and we aggregate,

when I say we, Mark aggregates a lot of the stories

that we cover throughout the week.

Some of them I'm covering directly, some of our others,

check it out, our free weekly newsletter, please sign up because otherwise I will not have done my

job very well. Vicky writes, I love your podcast, I listen daily and I'm in the

sweet spot of turning 71 this year so I don't have to take required minimum distributions.

My question is, can I still contribute to my

traditional IRA for 2020? When I tried to do this on Schwab, the site said I'm not

eligible. I want your advice before I phone them.

The Secure Act, which was passed last December, allowed people to keep making contributions.

So we think, Vicky, that you should be able to make this contribution.

So I think you may want to ask them,

is there some reason why you're not eligible?

Unless, of course, and Mark puts this out there very smartly,

you don't have any earned income, in which case you can't make a contribution.

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