No. of Recommendations: 2
110intheshade: "I hope this is the "proper" board here to try and find an answer..."

It will work.

"My wife has decided to hang up the work-a-day-world next month.
She, being a good saver, contributed her whole 6K IRA for 2010 in January. Is there any problem with that we will be surprised with down the road?"

Probably not, assuming that you file federal taxes as MFJ and you are still employed.

As long as your (collective) taxable compensation is sufficient to support her contribution and whatever contribution you make (and you file MFJ) then you should be fine.

Regards, JAFO
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