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Retirement tax questions
Contributions to a ROTH IRA or ROTH 401(k) are taxable. Period.
You can't use your spouse's income to fund your regular IRA. You can only use "your" earned income to fund "your" retirement account, be it traditional or ROTH. But you can use your wife's income to pay your taxes on your ROTH contributions.
You can't use your spouse's income to fund your regular IRA. You can only use "your" earned income to fund "your" retirement account, be it traditional or ROTH. But you can use your wife's income to pay your taxes on your ROTH contributions.
‎June 4, 2019
10:49 PM