Roth Eligability for Husband and Wife
Husband age 72 still working wants to contribute to Roth IRA. Below income limits.
Wife age 69 not working wants to contribute to a Roth IRA.
Are they both eligible?
Husband age 72 still working wants to contribute to Roth IRA. Below income limits.
Wife age 69 not working wants to contribute to a Roth IRA.
Are they both eligible?
Permalink Submitted by Alan - IRA critic on Wed, 2014-10-08 19:42
Yes. The non working spouse can make a spousal contribution using the earned income of husband if they file jointly. Earned income must be at least as much as the total contributions made for both spouses.