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Accounting. Audit and Tax
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Subject Topic: qualifying income for Roth IRA contributi (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Cameliah
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Joined: 19 Jan 2010
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Posts: 7
Posted: 20 Jan 2010 at 19:18 | IP Logged  

My client is a retired professor from a Big 10 school.  His official status is 'retired.'  However, as part of an early retirement incentive program, he is receiving his salary every year for the next five years.  He gets a W-2 and it is listed as earned salary.

Does this qualify as earned income so he can make a Roth IRA contribution?

Any help would be greatly appreciated.

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