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Get your taxes done using TurboTax
Hi MinhT1,
"For the Spousal IRA, your husband has to open a new IRA in his name to contribute."
He would indicate this contribution is for tax year 2024, but could he at some point roll this IRA into an existing SEP-IRA that he has? Note he is retired and no longer contributes to the SEP-IRA.
If he can roll over the new IRA, at what point could he do that?
Thanks
March 30, 2025
7:28 AM