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Old 01-08-2007, 02:16 PM
newgolddream newgolddream is offline
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Default Re: Inheritance Received / Retirement Advice Needed

One more question I am having difficulty getting a second opinion on. Does the inheritance factor in on my modified adjusted gross income, therefore making me ineligible for an IRA in 2007? I do not believe this is the case. When I asked if an inheritance counted as MAGI over on the Clark Howard boards, I was told "Absolutely not, not under any circumstances," so that makes me feel more confident. I was just hoping to get some more reassurance.
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