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I am retired and my wife and I are 66. She works part time and is in a 401, and makes about $10,000. $7000 of her income goes goes into the 401. Our adusted income is about $58000 on our income tax, 15% tax bracket and no state tax.

My question is should we keep her 401 the same and/or add her money to a tradtional or Roth Ira. Also should we sety up a spouse IrA for me.

thanks in advance.
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