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|Subject: Simple IRA Questions?||Date: 11/13/1998 10:46 PM|
|Author: JakeDeath||Number: 6608 of 76625|
I have some simple IRA questions that I thought I'd try to get answered on TMF... so here goes:
1. Can someone please recommend a URL where I can educate myself on IRA basics (eligibility, tax info, ROTH vs. Traditional, etc.)?
2. I'm in my employer's 401K... My wife is not employed. We file jointly with gross income <150K. From what I've read, it looks like she can setup/contribute to a traditional IRA and take the deduction. It looks like I can't setup a Traditional in my name... but I can have my own Roth IRA. Is this correct?
Thanks in advance.
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