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Maybe someone can help me out with this question. I have been teaching overseas for 4 years (and I plan to continue for 8 more years---then retire at age 60). Since I do not pay US income tax on my earnings (less than the $70,000 allowable), and as I understand it an IRA "is a personal retirement savings plan available to everyone under age 70 1/2 who receives taxable compensation during the year." Since I do not receive "taxable income"---am I eligable for a Roth IRA (or any IRA)---if so, is it a wise investment in my situation?

I appreciate any help on this....sam
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