Veterans Affairs. The Office for Veterans Affairs mission is to provide advice and assistance to Pennsylvania's more than 894,000 veterans and their families and to provide quality care to aging veterans.
If you have a traditional 401(k) or 403(b), you can roll over your money into a Roth IRA. However, this would be considered a Roth conversion, so you'd have to report the money as income at tax time and pay ordinary income tax on it.Find out if a Roth conversion is right for you.es, you can make contributions to your IRA, subject to the IRS annual contribution limits ($5,500 for the 2015 tax year, $6,500 if you're age 50 or older). But you must keep Roth IRA and traditional IRA money separate.
You don't ever have to take money out of your account. If you do take money out, it can be done at any time and in any amount once you pass the age of 59 1/2 and the account has been open at least five years.If you keep working past the age of 70 1/2, you can continue to contribute to your Roth IRA.he answer differs if you hold the tax-deferred traditional IRA or the tax-free Roth IRA. In both cases, the minimum age from which you can take distributions without penalty is 59 1/2. If someone leaves you an IRA, the rules are more complicated and depend on the decedent's age.