Re: why can't I contribute to an IRA when my wife ...
Level 15

Retirement tax questions

You can always contribute to a Traditional IRA if is there is sufficient joint taxable compensation.    However, it might not be deductible if your joint MAGI exceeds the limit if one spouse is covered by a retirement plan.


See this IRS link for Traditional IRA deduction limits when covered by a retirement plan at work.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
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