Guest: NAIWE’s Tax Expert Kajli Prince For those of you who are putting funds in traditional or Roth IRAs to fund your retirement, the ages 50, 59 1/2, and 72 have implications for your taxes. There are limitations when it comes to IRAs whether it is a traditional or a Roth. The limitations have to do with income, whether or not you participate in your employer’s retirement account, your filing status, and your age.