Maximize Your Social Security Benefits

Schedule a Free Consultation with an RSSA Social Security Expert


I collect alimony payments. Can I make an IRA contribution?


Yes. Taxable alimony payments qualify as compensation for purposes of making an IRA contribution. You are subject to the same IRA contribution limitations as one who is working.
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Alimony Questions

View More Questions