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Reply With Quoteyes thats called a spousal IRA. Get the IRS pub 590 on IRA's.
http://www.irs.gov/publications/p590/index.html
TSP Talker
IRA
hey everyone i know there are some post on this but i've read around and noticed that some people have chosen to fund IRA's outside of TSP and am curious Can i contribute one for my wife even though she doesn't have a job? i say no job but raising a son and keeping the house together is harder than my job and i work in a prison. If not and she gets a part time job can i help contribute to her ira if she contributes to it?
Last edited by Callme_CO; 08-29-2008 at 11:33 PM.
"Live like nobody else, so later you can live like nobody else." -Dave Ramsey
Planet TSP
Re: IRA
yes thats called a spousal IRA. Get the IRS pub 590 on IRA's.
http://www.irs.gov/publications/p590/index.html
TSP Talker
Re: IRA
sweet caroline an answer wooo doggy. lol thanks l2r
"Live like nobody else, so later you can live like nobody else." -Dave Ramsey
TSP Talker
Re: IRA
ok so from my understanding is that as long as my wife and i file jointly she can use my income as her own to contribute to an ira. sweetness.
"Live like nobody else, so later you can live like nobody else." -Dave Ramsey
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