Husband made a $1600.00 contribution to a self directed IRA, is this possible for a person with zero earned income for 2016?

Husband has self-directed IRA which consists of land purchases, can he make a $1600.00 contribution to this in 2016 if he has no earned income.  Husband is retired, lives on Social Security checks.

KenH1
New Member

Retirement tax questions

No it is not.  Earned income is required.

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