Ira contributions while receiving a 72(t) distribu

You are here:
< Back

L1: Ira contributions while receiving a 72(t) distribuCan I still contribute to an IRA if I am recieveing 72(t) distributions from another IRA? I am working part time and have some income.2002-03-15 18:43, By: TL, IP: [127.0.0.1]
L2: RE: Ira contributions while receiving a 72(t) distYes, certainly provided you follow two rules: one, do not make the IRA contribution to the same IRA from which you are taking SEPPs; make the contribution to a different IRA; two, you must have earned income (the kind of income that is social security taxed) in order to make an IRA contribution.TheBadger2002-03-16 08:03, By: TheBadger, IP: [127.0.0.1]