View Full Version : IRA
Callme_CO
08-29-2008, 05:12 PM
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?
luv2read
08-29-2008, 08:57 PM
yes thats called a spousal IRA. Get the IRS pub 590 on IRA's.
http://www.irs.gov/publications/p590/index.html
Callme_CO
08-29-2008, 09:02 PM
sweet caroline an answer wooo doggy. lol thanks l2r
Callme_CO
08-29-2008, 09:28 PM
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.
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