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Community: Investing Wiki

Term Of The Hour

Roth conversion requirements: Original post by Mary Gallagher of Demand Media A Roth conversion shows up on your 1040 and is taxed as earned income. http://photos2.demandstudios.com/DM-Resize/photos.demandstudios.com/getty/article/83/110/76800059.jpg?w=700&h=700&keep_ratio=1 Creatas/Creatas/Getty Images You cannot contribute to either a standard IRA or a Roth IRA without earned income. You can, however, convert an…

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