Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Dear TMF,

Can Joint Filers hold a single Roth IRA to which they jointly contribute $4,000 each year?

Regards,

Bob
Print the post Back To Top
No. of Recommendations: 0
Nope. That's what the "I" in "IRA" means.
Print the post Back To Top
No. of Recommendations: 0
[[Can Joint Filers hold a single Roth IRA to which they jointly contribute $4,000
each year?]]

Nope...sorry.

The "I" in IRA stands for "individual". There is no such thing as a "joint" IRA. You would each have to make two separate, individual IRA contributions.

TMF Taxes
Roy
Print the post Back To Top
Advertisement