So, would I be allowed to claim that percentage of my mandatory withdrawal as "Earned Income", and be allowed to put it into a Roth IRA?It makes sense to me that I would be allowed that option. If it was Earned Income then it would be subject to FICA and Medicare taxes. You don't want it to be earned income. Phil has already answered your question.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra