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IRAs and Non-Working Spouse
Old 07-09-2014, 02:38 PM   #1
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IRAs and Non-Working Spouse

How much can a non-working spouse contribute to either a traditional or Roth IRA? I (the working spouse) will max out my employer's 401k at $23,000.

Can my wife (the non-working spouse) contribute to an IRA, and if so, what are the rules surrounding how much is deductible? If it is not deductible, can she open a Roth IRA and contribute to that?


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Old 07-09-2014, 02:52 PM   #2
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Here are the basics:

Making Spousal IRA Contributions

Check here to see if the spousal IRA contribution would be deductible:

IRA Deduction Limits

There are income restrictions for making a Roth IRA contribution:

Roth IRAs

You can go around the income restrictions on the roth by doing this:

Backdoor Roth IRA

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Old 07-09-2014, 03:49 PM   #3
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Some basic reading of the IRS literature is going to be helpful:
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