Roth IRA

If I am now rated by VA as Total & Permanent disabled and had to retire end of 2020, can my wife or myself contribute money to my Roth IRA or IRA , or both for 2021

posted

You annual IRA contributions are limited to $6,000 ($7,000 if you're age 50 or older), or your taxable compensation for the year if less. You would need taxable compensation for the year.

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