Required Min Distributions
Are RMD s considered Earned Income?
If so, after receiving distribution, can a 78 year old survivng wife open a Traditional IRA?
Are RMD s considered Earned Income?
If so, after receiving distribution, can a 78 year old survivng wife open a Traditional IRA?
Permalink Submitted by Edward Czapor on Wed, 2008-05-21 17:05
In addition, even with earned income, contributions to a TRIA cannot be made if over age 701/2. Contributions to a Roth would still be available with earned income.
Ed C.