Individual Retirement Accounts » Roth IRAs

Eligibility

It is important to remember that all individuals contributing to a Roth IRA must have U.S. earned income and a Social Security or tax identification number.

Earned Income – Earned Income is defined as:

» Wages, salaries, tips, etc.

» Commissions

» Self-Employment Income

» Alimony and Separate Maintenance

Contributions must be made from earned income and contributors must have a tax identification number.