You'll need to sign in or create an account to connect with an expert.
No. Contributions to either a Traditional IRA or a Roth IRA have to made using taxable compensation. Pension payments are not taxable compensation.
a Conversion doesn't require any earned compensation.
HOWEVER,
The money coming from a pension is considered all RMD.
You can't put RMD back into an IRA.
@fanfare Thanks...
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
hbmama
New Member
Stickham
Returning Member
abel0891
New Member
gciriani
Level 2
null136
New Member