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URL:  http://boards.fool.com/im-receiving-loan-forgiveness-from-my-law-school-27767382.aspx

Subject:  Re: Retiree with Foreign Earned Income Roth IRA Date:  6/24/2009  8:28 AM
Author:  jensiv Number:  649 of 667

I'm receiving loan forgiveness from my law school, I'm abroad and have no normal taxable income because of the living abroad exemption, but I'm interested in saving for retirement. I'm wondering if I can claim the loan forgiveness as income not covered by the living abroad exemption and save in a Roth IRA.

If not, is there some other IRA I should consider? Is there a point if it's not a deduction? Is there some global pension that can be recommended for expats?

Simply put, how should I save for retirement in my circumstance?
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