Lux Investing

Do social security benefits qualify as "earned income" for the purpose of investing in a roth IRA account?

Public Comments

1. Nope. Good try though.
2. No. You can still convert any traditional IRAs to Roth IRAs though.
3. No - But if you can work while on Social Security, you can put some of your earnings in a Roth IRA - If you are over 50, you can put up to $5,000 in a Roth IRA each year.