The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Roth IRA contributions Date:  8/25/1999  11:06 PM
Author:  AdGrossman Number:  13469 of 105962

This may sound like an obvious question, but I'm a little confused about something. In most of the literature I've read about the Roth IRA, an individual can only contribute the lesser of 100% of their earned income or $2000. If both my wife and I have ROTH IRAs, but my wife doesn't earn any income, what are the limits on the contributions if we are married filing jointly? I would still like to be able to contribute $2000 to both accounts - can I?
Thanks in advance,
Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us