Trader Status & Roth IRA

R

Ripley

I need to open up a Roth IRA for the next year (2006).

Since I am a trader, I won't have any "earned" income.

I'll also be setting up a corporation next year. Is there anyway I could have some earned income from the corporation (i.e. like consulting work etc) while also keeping my trader status.

If I have some other form of earned income, I think I wouldn't be classified as a trader.

Anyone who can help me out with this dilemma that I've been pondering for a long time, would be kept in the very highest esteem.
 
The trick is to have a pure-play entity to do the trading through, and that entity pays earned income to the owner for services rendered with regards the trading activities.
 
the corp can just pay you a salary. that won't have anything to do with trader status and then you can contribute to your ira.
 
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