Skip to main content
Level 1
September 28, 2023
Question

Roth IRA

  • September 28, 2023
  • 1 reply
  • 2 views

I have a question as to whether or not I can contribute to my Roth IRA. I received a large payout from my job upon retirement. I started a Roth IRA with the left over funds. I've had the account for years. I have not added to it, because the money was sitting in an account years ago. I would like to send it to my Roth IRA. Can that be done? thanks.

 

Ricky

1 reply

Level 15
September 28, 2023

You can only contribute to it if you have earned income in the year of your contribution