Collecting on a Roth IRA
Hi Terry, I am a 56 year old who is now on SSDI and I am officially retired from my union construction job. I collect SSDI and 2 pensions. I want to open a Roth IRA and would like to know how long before you can start collecting? Do I have to wait until my actual retirement age of 67?
Terry Says
You CANNOT open a Roth IRA unless you have EARNED INCOME. And that does not include income from disability or pensions.
