Timeline for Should my mother in law get a reverse mortgage for income and fund a Roth IRA?
Current License: CC BY-SA 4.0
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| when toggle format | what | by | license | comment | |
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| 2 days ago | comment | added | dave_thompson_085 | @DilipSarwate+ alimony from a pre/non-TCJA divorce also counts -- but wouldn't apply to a widow | |
| 2 days ago | history | became hot network question | |||
| 2 days ago | answer | added | littleadv | timeline score: 4 | |
| Feb 25 at 20:42 | comment | added | Dilip Sarwate | Money contributed to an IRA, whether Traditional or Roth, must come from compensation (that is, earnings from the sweat of one's brow such as salary or wages, commissions from sales, etc). Proceeds from a reverse mortgage or any loan etc are not compensation and cannot be used to contribute to an IRA. | |
| Feb 25 at 19:22 | comment | added | JohnFx♦ | Note: I edited your question to remove the ask for recommendations on companies, as we don't allow those on this site. | |
| Feb 25 at 19:21 | history | edited | JohnFx♦ | CC BY-SA 4.0 |
deleted 82 characters in body
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| Feb 25 at 15:46 | answer | added | D Stanley | timeline score: 7 | |
| S Feb 25 at 14:27 | review | First questions | |||
| Feb 25 at 19:10 | |||||
| S Feb 25 at 14:27 | history | asked | neycyjane | CC BY-SA 4.0 |