spousal IRA
A traditional IRA or Roth IRA set up by a married person in the name of his/her spouse who has little or no compensation. There is a $3,000 limit on Spousal IRA contributions, but the working spouse can contribute an additional $3,000 to an individual IRA. Couples must file jointly in that year.
Popular 'Retirement' Terms
Related Personal Finance Articles
Loading...
spousal IRA in the news
Loading...
spousal IRA is ...
... part of the Retirement and Taxes subjects.
Nearby Terms
Search volume for spousal IRA
Get our content on your iGoogle page
RSS