Ask Terry Questions Reinvesting RMD’s in a Roth IRA

Reinvesting RMD’s in a Roth IRA

By Terry Savage on April 29, 2024 |

Please verify if this information from Investopedia is correct.

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!-

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