Who can contribute to a Roth IRA?
Those who work for a living can contribute to a Roth IRA account. The income must be derived from actual work efforts and compensation in the form of wages, tips, salaries, bonuses and professional fees.
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- Can I have both a traditional IRA and a Roth IRA?
- What is a Roth IRA?
- Will my Roth IRA affect the amount that I can contribute to my employer-sponsored retirement plan?
- Will I earn interest on my money if I put it into a Roth IRA?
- How much can I contribute to my Roth IRA?