Dear Experts,
Both my wife and I are retired Federal employees, have pensions and also receive Thrift Savings Plan (TSP) money calculated by TSP as RMD (the required withdrawal amounts.) I also have a separate Roth IRA that has never been touched. Both of us are well past age 75.
In 2022, I worked for a private company in a part time/ temporary position with net pay of about $6,000. Can my earnings be contributed to either my TSP account or my Roth IRA and deducted from my gross income? Does the TurboTax program for 2022 ask for/ include this information? If there is a dollar limit to TSP contributions after retirement, can I pay income tax on earnings and deposit the funds into my Roth IRA.
Please know I appreciate your helpful ideas.
Best,
Charles Rademaker
Alexandria, Virginia
