Re: IRA contribution
Originally Posted by rogerc1944
Can I establish and contribute to a spousal IRA for myself based on the fact that my wife has earned income?
Yep, that's what I'm doing with my spouse's part-time income. You can contribute your spouse's income to her 401(k), her IRA, and your IRA.
You have to stay within the IRA contribution limits and her earned income, whichever is lower, and some other caveats in the front of IRS Pub 590.
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