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Adding a Roth IRA in Retirement

Retirees can still contribute to a Roth IRA when they receive any income after retirement.

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Q

I retired as a real estate agent, but I still receive a few thousand dollars a year for referrals to other agents. Can I contribute to a Roth IRA?

SEE ALSO: Be Roth Smart: An Investment Guide to Roth IRAs

AYes. You must use money you earn from working to contribute to a Roth, and your referrals, along with any wages, commissions, self-employment income and alimony, qualify.

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