Reinvesting RMD’s in a Roth IRA
Please verify if this information from Investopedia is correct.
https://www.investopedia.com/ask/answers/08/ira-rmd-reinvest.asp
Terry Says
Sure, everything in Investopedia is correct! But note: It says “if you qualify” to invest in a Roth IRA. To invest, you must have earned income in that year — and that does not include SS, or pensions, or RMDs or interest. But if you are still working, and fall under the income limits, go ahead an open a Roth IRA!-