@habu72 wrote:
That's true. I am retired and have no W2.
Only income is SS and Pension.
Thanks
To make a Roth contribution you must have compensation, that generally means income earned from performing a service or providing goods. You could, for example, go to work at HappyMart for a week as a greeter, make $150, and then contribute the entire $150 to a tradition or Roth IRA. But you must have some kind of earned compensation.
You can do a rollover from a traditional IRA to a Roth IRA, because a rollover is different from a contribution.
