Can my wife contribute the max to her traditional IRA if her work has a simple IRA that she is contributing to. Will a simple IRA affect the limit on her traditional?
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1 Replies
DanaB27
Expert Alumni
Apr 18, 2022 4:46:29 PM
Yes, if your wife is covered by a retirement plan at work and your income exceeds certain levels then it can limit her deduction of the traditional IRA. Please see IRA deduction limits for details.