The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Housewife and IRAs||Date: 3/4/2004 3:46 PM|
|Author: wcfenton||Number: 39675 of 74536|
I haven't had "earned income" for years. I do a "spousal" Roth Ira every year. Check it out, works for me!
Hopefully, your wife meets the IRS Rules for compensation as outlined in "real people language" via the Fairmark Press:
or, you can wade through all the "official language" of the IRS via IRS Pub 590:
I'm sure that you are already aware of the rules, so this post is more then likely redundant, however, it may just help someone else from creating a problem.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|