The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/ltltltltby-further-explanation-the-ira-my-11899403.aspx

Subject:  Re: 2-part? re: Roth and other IRAs Date:  1/31/2000  3:12 AM
Author:  JAFO31 Number:  18499 of 75384

<<<<By further explanation, The Ira my WH (wonderful husband) holds has been "frozen" for 4yrs. i.e. he has not been able to contribute to it as he had no earned income.>>>>

If you had earned income, then I believe your husband could have contributed to his IRA as a spousal IRA. At one time spousal IRAs were limited to $250, but it has been $2000 for awhile now. I am sure that the resident pros will be able to tell us the tax year it changed.

Just my $0.02. Regards, JAFO
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us