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Financial Planning / Tax Strategies


Subject:  Re: Roth eligibility Date:  12/8/1998  12:11 PM
Author:  Saladin Number:  6902 of 127513

What would the Roth eligibility be for a spouse with a very small earned income? I'm basically a non-working spouse, but have about $350 in earned income for 1998. Can I open a spousal Roth IRA in the full amount of $2000, or am I only eligible to contribute up to the amount of my earned income? We file jointly and meet the AGI requirements.

Does this small income disqualify me as a non-working spouse?

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