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Hi Folks and Fellow Fools,

I've just started to research IRAs and I have a couple of questions;

- are you limited to contributing to an IRA based on income (ie if income is greater than a certain level, you can't contribute to an IRA for the tax year)? If so, what is that income level?

- my spouse does not work, so I believe I can open a spouse IRA as well as an IRA for myself. Can the spousal IRA be a Roth IRA? How do I nominate an IRA to be a spousal IRA?

- i intend to open an IRA account this year (and a spousal IRA). Can I contribute the full $2000 to each and have the money considered under the 1999 tax year?

Thanks in advance, your foolishnesses.
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