MinhT
Expert Alumni

Retirement tax questions

You can make a contribution to a Traditional IRA if you are under age 70 1/2 and you have earned income.

If you are only receiving SS benefits and withdrawals from your IRAs, these are not earned income and you cannot contribute to an IRA.

As for your rollovered IRA accounts, they may be Traditional or Roth IRAs, depending on what you chose at the time of roll over. If in doubt, you can ask your IRA administrator.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post