I have an AGI of 64k, and contribute to an employer matching 401k. My wife receives social security disability. Can she open a traditional IRA?The way I understand the rules for IRAs, your wife's disability doesn't fall under the compensation rule: Compensation includes wages, salaries, fees, tips, bonuses, commissions, taxable alimony, and separate maintenance payments, but, filing a joint return, your combined AGI is over the deductable limit for traditional IRA's.Am I eligible to open a Roth IRA?You'd both be eligible. Here's a link to the Fool's IRA section for all the details:http://www.fool.com/money/allaboutiras/allaboutiras.htm?ref=G02C05Look for the pros here to correct me or better explain the subject.HTHBmF
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