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http://boards.fool.com/rem50-writes-in-part-do-dividends-interest-11725596.aspx
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| Subject: Re: AGI | Date: 12/29/1999 10:35 PM | |
| Author: Bob78164 | Number: 17080 of 72254 | |
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rem50 writes (in part): Do dividends, interest and cap gains qualify as AGI with respect to funding my Roth. I reply: Yes and no. You must have earned income (not investment income) to "support" a Roth IRA contribution. But all income (other than income derived from the conversion of a traditional IRA to a Roth) is considered when determining the eligibility ceiling. --Bob |
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