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Greetings, Piraino, and welcome. You asked:

<<Under IRS rules, can a couple filing Married-Jointly contribute $4,000 a year to one IRA account jointly owned by both spouses, or, would the husband have to own one, the wife own the other, and contribute $2,000 each to each of them, or, are they both limited to only a $2,000 contribution each year? I'd appreciate any help!>>

The key word in Individual Retirement Account is the first one. No one can be a joint owner with another person on an IRA. A couple with sufficient earned compensation may contribute up to $2K each to their separately-owned IRAs for a total contribution of $4K for the couple, but they cannot contribute $4K to one jointly-owned IRA.

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