| | |||
| |||
| IF MOM HAS EARNED INCOME SHE CAN TRY A ROTH IRA. THRERE IS NO AGE LIMITATION ON CONTRIBUTIONS AND NO MINUMUM WITHDRAWL RULES mark charon wrote: - quote - > hi, my mother has been receiving social security since 2001, the age > in which she became retired. > this august, she will be 70.5 yrs and will be making a minimal > withdrawal from her 401k. > last year, she made about 30K from her job, as a self-employed, in > addition to 10k from social security. > can she establish a 401k and contribute to it for the year 2003? > if possible, she plans to put in about 20k to her 401k. > also, can you point me to the irs publication that contains > information on this topic?? > thank you in advance... |
|
#-1
| |||
| |||
| hi, my mother has been receiving social security since 2001, the age in which she became retired. this august, she will be 70.5 yrs and will be making a minimal withdrawal from her 401k. last year, she made about 30K from her job, as a self-employed, in addition to 10k from social security. can she establish a 401k and contribute to it for the year 2003? if possible, she plans to put in about 20k to her 401k. also, can you point me to the irs publication that contains information on this topic?? thank you in advance... |
| Tags |
| 401k, 705, contributing, employ |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| 401K Manager or Balancing 401K Account Joe Doe: Can anyone make the case for me to go through th exercise of balancing a 401k account or balancing through the 401K manager? I am careful to enter... | Microsoft Money | 2 | 01-08-2007 05:14 PM | |
| Contributing to an IRA with a bond? Jeff Wisnia: Will the IRS accept as a valid IRA "contribution" my purchasing a State of Israel bond in my name from their agent (Bank of America) and then... | Taxes | 7 | 12-04-2006 02:50 AM | |
| Quicken 401k to Money 401k Jim: Just replaced my Quicken with Money 2004. Everything converted well. Only thing I can't figure out: I have an account "My 401k" ... in Quicken.. ... | Microsoft Money | 1 | 10-05-2003 01:07 PM | |
| Thread Tools | |
| Display Modes | |
| |