topic My husband and I both are retired. Can we take the 5,500.00 out of our fidelity account and open a traditional IRA and get the tax credit in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/my-husband-and-i-both-are-retired-can-we-take-the-5-500-00-out-of-our-fidelity-account-and-open-a/01/307763#M26558 Mon, 03 Jun 2019 18:35:12 GMT 0david1 2019-06-03T18:35:12Z My husband and I both are retired. Can we take the 5,500.00 out of our fidelity account and open a traditional IRA and get the tax credit https://ttlc.intuit.com/community/retirement/discussion/my-husband-and-i-both-are-retired-can-we-take-the-5-500-00-out-of-our-fidelity-account-and-open-a/01/307763#M26558 Mon, 03 Jun 2019 18:35:12 GMT https://ttlc.intuit.com/community/retirement/discussion/my-husband-and-i-both-are-retired-can-we-take-the-5-500-00-out-of-our-fidelity-account-and-open-a/01/307763#M26558 0david1 2019-06-03T18:35:12Z To make a contribution to an IRA you must have taxable co... https://ttlc.intuit.com/community/retirement/discussion/to-make-a-contribution-to-an-ira-you-must-have-taxable-co/01/307782#M26560 <P>To make a contribution to an IRA you must have taxable compensation. &nbsp;Pension income or income from an investment account is not taxable compensation.</P> Mon, 03 Jun 2019 18:35:14 GMT https://ttlc.intuit.com/community/retirement/discussion/to-make-a-contribution-to-an-ira-you-must-have-taxable-co/01/307782#M26560 DoninGA 2019-06-03T18:35:14Z