Replies to post #418665 on Mr Cooper Group Inc (COOP)

[Donotunderstand]

I have not done that

But it does make sense

Questions

One must have EARNED income to make a contribution to a traditional or Roth IRA (that year). Is that also true of a conversion from IRA to Roth (I am not sure the need to have earned income holds for a conversion??)

The five year rule - as I understood it - applied to the ROTH not the Traditional IRA . I have not heard of a 5 year rule on traditional IRAs?

Just wondering out loud