I guess i always understood you could start a Roth anytime, even after retirement? This was thinking that pensions were earned income!
This is a piece out of imvestopedia Understanding earned income "Also in this category are disbursements from non-deferred pensions and retirement plans"
If this is true DW retires 24Dec from Md State Retirement System, i need to get her Roth IRA started ASAP. And i retire from Federal service next year so we'll start mine too.
Please help me understand...
Thanks.
This is a piece out of imvestopedia Understanding earned income "Also in this category are disbursements from non-deferred pensions and retirement plans"
If this is true DW retires 24Dec from Md State Retirement System, i need to get her Roth IRA started ASAP. And i retire from Federal service next year so we'll start mine too.
Please help me understand...
Thanks.