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Subject:  Re: midnight taxes Date:  2/19/1998  2:51 PM
Author:  EMulkay Number:  1860 of 88807

>>>Effective 1/1/98 an unemployed spouse may indeed make up to a $2K per
year deductible contribution to an IRA is the working spouse has the
income to support it. Additionally, a working spouse who is not an active
participant in an employer's qualified retirement plan may also make a
deductible $2K contribution to an IRA even if the other spouse is covered
by such a plan.<<<

Does this also mean that the spouse must contribute to a "regular" IRA (i.e., deductible contribution) or can they choose to contribute to a Roth IRA?

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