Should my retired mom contribute to retirement accounts?
Should my retired mom contribute to retirement accounts? My mom is divorced from my dad and gets some income from pension/SSA. She makes roughly 40k/year and has no retirement accounts (lost it in divorce). She has a little money saved up, but nothing really. She is turning 72 next year. Would it make sense for her to contribute to ROTH IRA?
She could easily pull the money out if she needs to corre...