Self employed and ira contribution

[deanne n]

I am married filing jointly and my husband maxed out his IRA contribution from his employer this year.  I am self employed.  Can I also make the max $8,000 contribution to my IRA this year as well?

[Bsch4477 · Accepted solution]

You can contribute 8,000 if age 50 or older and you had at least that amount in earnings. You can also contribute to a SEP IRA as well.