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Investments > Financial Planning > Roth and IRA co...
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Roth and IRA contributions without earned income?

by sailor1x@[EMAIL PROTECTED] Mar 25, 2008 at 04:31 AM

If I retired in February 2008 and will only gross $5000 total  income
for the year, can I contribute $6000 to a Roth IRA and $5000 to a
traditional IRA for 2008?   Does interest and dividend income have any
effect on what I can contribute?  Do I understand the rules correctly
that I cannot make contributions unless I am employed?

DTW

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 4 Posts in Topic:
Roth and IRA contributions without earned income?
sailor1x@[EMAIL PROTECTED  2008-03-25 04:31:49 
Re: Roth and IRA contributions without earned income?
BreadWithSpam@[EMAIL PROT  2008-03-25 06:57:07 
Re: Roth and IRA contributions without earned income?
Will Trice <wtrice@[EM  2008-03-25 19:35:28 
Re: Roth and IRA contributions without earned income?
joetaxpayer <joetaxpay  2008-03-25 07:10:23 

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tan12V112 Sat May 17 7:18:28 CDT 2008.