retirement

Adding a Roth IRA in Retirement

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

Question:

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?

Answer: Yes. 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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