The Motley Fool Discussion Boards
Financial Planning / Tax Strategies
|Subject: Non working spouse contributions?||Date: 4/1/2003 12:13 PM|
|Author: nursallie||Number: 64787 of 122561|
After reading several posts I'm getting the impression that the IRA laws have changed and now allow contributions to be made to the IRA account of a non working spouse above the $250 limit that once existed.
Can someone verify that this is in fact true.
We are both retired and I earned 15k in 2002 doing consulting.
Can I contribute 3000 to my IRA and another 3000 to my wife's account?
Thanks for your help!
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