Turbo comes up that I can put money in to my wifes ira even though I can not due to my age? Turbo to put $1418 and save $180 in taxes.have earned income to do this

jleroux · ‎June 6, 2019

My broker said she need earned income to do this. Who is right.

MinhT · ‎June 6, 2019

Your wife can still contribute to a Spousal IRA if she is under the age of 70 1/2 at the end of 2018. For a Spousal IRA, she can contribute if you have earned income.

Please read this IRS document:

https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-li...

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Turbo comes up that I can put money in to my wifes ira even though I can not due to my age? Turbo to put $1418 and save $180 in taxes.have earned income to do this

Turbo comes up that I can put money in to my wifes ira even though I can not due to my age? Turbo to put $1418 and save $180 in taxes.have earned income to do this

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Turbo comes up that I can put money in to my wifes ira even though I can not due to my age? Turbo to put $1418 and save $180 in taxes.have earned income to do this

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Turbo comes up that I can put money in to my wifes ira even though I can not due to my age? Turbo to put $1418 and save $180 in taxes.have earned income to do this

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