IRA roth for L1 visa holder

MS1605 · #1 Nov 26, 2006, 05:03 PM

Hi,
I came to US on L1 visa and will be here for 2 years. I am paying taxes for the income i get in US. Am I eligible to open IRA roth account? After I go back to my country, Can I operate from there?

Thanks,
MS

AtlantaTaxExpert · Dec 20, 2006, 12:54 PM

MS:

YES, you ARE eligible to open a Roth IRA provided you do not make too much annually (the income ceiling is $160K if you are married and $110K if you are single).

Once opened, you can manage it from anywhere in the world. Just make sure you fill in all the required forms.



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!