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Greetings, ParyPing, and welcome. You wrote:

<<My wife does not have earned income. She has an IRA from a qualified 401k roll over. We have no intent to ever roll it back to another qualified plan so I am not worried about keeping it's qualified status.

I want to contribute $2,000 to her IRA without having to set up a new IRA account. The fool site on IRA's list ten types of IRA's, Spousal IRA is one of them. We qualify for that type of an IRA for her contribution.

My question is, can I contribute her spousal $2,000 to her existing qualified IRA rollover account instead of having to set up an specific spousal IRA account? I really do not want another investment account to track if I can avoid it.>>


You sure can. On doing so, you will "taint" the money in the rollover/conduit IRA, and that will forevermore prohibit a transfer to a new employer's 401k plan. You said your spouse has no intention of doing such a transfer, so that shouldn't be a problem to her. Thus, you may treat that rollover/conduit IRA as a run of the mill traditional IRA for the purposes of making a spousal contribution.

Regards..Pixy
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