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Get your taxes done using TurboTax
The minimum retirement age at my most recent job was 62. Since I started receiving my Long Term Disability benefits at 57 does that mean the LTD income makes me eligible to continue contributing to my Roth IRA?
Regarding the taxability of social security compensation - my filing status is Married filing joint and my total income is SSD $2686/mo and $2720/mo LTD benefits. There is no other income - including from my spouse.
Please let me know if I am eligible to contribute to Roth IRA, and if my SSD is taxable.
Thank you in advance.
March 31, 2021
12:55 PM