Spousal Roth IRA
Can a client who is otherwise eligible to contribute to a Roth IRA open and contribute to a spousal Roth IRA for a non-working spouse?
Can a client who is otherwise eligible to contribute to a Roth IRA open and contribute to a spousal Roth IRA for a non-working spouse?
Permalink Submitted by mk foss on Tue, 2010-06-01 18:41
Yes – an individual can use his/her earnings to support a Personal Roth contribution as well as one for a spouse. I have clients that only make Roth contributions for the spouse and not themselves.