Hello, I am thinking of contributing to my 2021 Roth IRA. I read that you cannot contribute more than your earned income. However, what if I want to contribute at the beginning of the year, meaning before I have received enough earned income?
For example, say I want to contribute $6000 in Feb 2021 for my 2021 Roth IRA, but I have not earned that amount yet--it's money I have saved over the past years. Can I still make this contribution and it won't incur a fee as long as by the end of the year I earn the same amount or more in earned income?
Thank you
