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jonkathy
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We are retired; both with military pension, one with SSA and one with a state retirement. Can we open a Roth IRA?

 
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We are retired; both with military pension, one with SSA and one with a state retirement. Can we open a Roth IRA?

You have to have earned income to contribute to an IRA (which you do not based on the facts in the question). 

You can do a rollover from a Traditional IRA to a Roth if you already have a Traditional IRA. 

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1 Reply

We are retired; both with military pension, one with SSA and one with a state retirement. Can we open a Roth IRA?

You have to have earned income to contribute to an IRA (which you do not based on the facts in the question). 

You can do a rollover from a Traditional IRA to a Roth if you already have a Traditional IRA. 

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