Jay 99507
New Member

Double Taxed Social Security to ROTH


I am retired, and because the IRS says I make too much money in retirement, they tax 85% of my Social Security benefits. (Shame on me for being a responsible saver and investor.) Because they tax my benefits as if it were earned income, (and they are specifically linked to my previously earned income) can I make annual ROTH contributions from those same Social Security benefits? I invest it all in the market now anyway.
It would seem "fair" since I am being double taxed from my previous working "earned income". But, I know few things in life are fair, especially when it comes to government.