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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,
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