Imputed income & IRA contribution

Can Taxable Imputed Income (for Group Term Life Insurance) support an IRA contribution as Earned Income for a retired individual ?

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Imputed income & IRA contribution

Yes, provided it is reported as compensation by it being included in your wages income reported in box 1 on your W-2 form.

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Imputed income & IRA contribution

Thanks very much for the reply ThomasM125

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