Is a RMD (required minimum withdrawal considered earned income for the purposes of being able to contribute to a traditional IRA?
01180
1 Replies
VolvoGirl
Level 15
Jan 22, 2022 5:38:27 PM
No. You need earned income from W2 wages or a Net Profit from Schedule C self employment income to contribute to a IRA. And you can not roll over a RMD back to a IRA or 401K.