@crlnwallace wrote:
Thank you! If we file married joint, is the limit shown on the IRS website ($6,000 as we are under 50 years old) per person or per couple?
Contributions are individual ($6000 per person). IRA's are owned by individuals, there are no joint IRAs.
Married filing jointly is almost always better than filing separately, this is just one of many tax benefits that is disallowed or severely reduced when filing separately. You can file jointly as long as you both agree, even if one spouse does not work, or your incomes are very different.
