penguinchan writes (in part):Does my interest income, (which I do claim but it falls under my US deductible, so no need to pay out) count as something I can put towards a Roth IRA?I reply:I'm afraid not. Contributions to an IRA (traditional or Roth) must be supported by earned income, and investment income (such as interest or dividends) doesn't qualify. As for rustedSoul and JohnnyX, I believe they overlooked or were unaware of the necessity for earned income to make a Roth contribution. --Bob
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