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Author: maddie1 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75402  
Subject: IRA Date: 11/16/1998 10:33 PM
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my wife does not work outside the home anymore.
can I contribute to her existing IRA? If so, how
much per year?
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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 6639 of 75402
Subject: Re: IRA Date: 11/17/1998 8:57 AM
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Greetings, Maddie1, and welcome. You asked:

<<my wife does not work outside the home anymore. can I contribute to her existing IRA? If so, how much per year?>>

Yes you may assuming you have a job and earn at least her maximum contribution of $2K per year, all of which will be fully deductible. For additional discussion, see the section on IRAs in my Foolish Retirement Plan Primer which you can find at http://www.fool.com/Retirement/Retirement.htm .

Regards….Pixy


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