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Returning Member
posted Dec 9, 2022 12:23:08 PM

Roth contribution

I receive a monthly pension from the State of Illinois. The amount is taxed and I receive a net amount. Can I roll-over and/or deposit this check into a Roth IRA?

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1 Replies
Level 15
Dec 9, 2022 12:27:39 PM

Pension and annuity income is not eligible for an IRA contribution.