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Personal Finance Peace Corps Questions

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Hi everyone! I will be an incoming PCV in Paraguay in September and I have a few questions regarding the personal finance aspect of serving as a peace corps volunteer.

  1. Does the Peace Corps living stipend count as earned income for purposes of contributing to a Roth IRA?
  2. Is the monthly living stipend taxable, either in the U.S. or in the country of service?
  3. Does the readjustment allowance (~$10,800) count as earned income for Roth IRA contributions?

Thanks in advance for the help! Cheers!

Posted Apr 2, 2026, 10:45 PM UTC

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