I have an IRA that I use to trade stocks, I'm 59. I use the IRA to trade, because I don't have to keep track of my trades for tax purposes. I take very little out each month, so I only have to pay the 10% penalty. After I turn 59 1/2 can I still contribute to my IRA and use it as a trading account, so I don't have to keep track of my trades for tax purposes? My income won't be high enough to be taxed and anything I take out won't be hit with a penalty.