Talk of The Villages Florida - View Single Post - Roth IRA Conversions- Age 71
View Single Post
 
Old 09-21-2024, 07:34 AM
SaucyJim SaucyJim is offline
Senior Member
Join Date: Jun 2024
Posts: 182
Thanks: 162
Thanked 140 Times in 82 Posts
Default

Quote:
Originally Posted by Windguy View Post
I was under the impression that you can’t move money into a Roth unless you are making wages (have a job). I tried to move some of my IRA into my Roth after I retired, but I was not allowed to do so.
I’d be interested to know if you were misinformed. My understanding was that it was contributions that were limited to income in a given year - not rollovers. I could be wrong, though. As my first two wives. 😎