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I am retired and have both pensions and annuity income. Does that qualify as earned income to contribute to my IRA? I am over 65.

 
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I am retired and have both pensions and annuity income. Does that qualify as earned income to contribute to my IRA? I am over 65.

You must have taxable compensation to be eligible to contribute to an IRA.  Pension and annuity income is not earned income, nor taxable compensation.

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I am retired and have both pensions and annuity income. Does that qualify as earned income to contribute to my IRA? I am over 65.

You must have taxable compensation to be eligible to contribute to an IRA.  Pension and annuity income is not earned income, nor taxable compensation.

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