The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Roth eligibility Date:  12/8/1998  7:03 AM
Author:  wrndln Number:  6872 of 127616

A while back I think there was a message that suggested that a spouse with no earnings cannot open a Roth IRA even though the working spouse earns enough to allow a regular (non-Roth) IRA for the spouse. Is this correct? I thought that regardless of what type of IRA (deductable, non-deductable or Roth) a non-working spouse of a working person that earns over $4000 could open ANY kind of an IRA.


Rusty Nelson
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us