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Retirement tax questions
If you file jointly and your MAGI is less than $196,000, you can make a contribution of $7,000 to a Roth-IRA if you are 50 or older.
Your wife's contribution to the spousal IRA is determined separately from your eligibility to contribute to a Roth IRA.
Please read this IRS document for more information.
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‎February 19, 2021
11:54 AM