Talking about a Traditional IRA, where there's the possibility for deductions. Already understand that about the Roth.Nonetheless, I think your answer holds, gi...
And the MAGI limits are combined? If spouse 1 is participating and spouse 2 isn't, spouse 1 can only contribute if their combined MAGI is less than $129k and sp...
Thanks. I've seen these charts. But I'm apparently too dumb to process them. The IRS seems to be using "you" interchangeably between singular and plural.Table 1...
Thanks for the reply! So is it saying if either spouse has a 401k but the other doesn't, the combined MAGI limit for deducting at least some of a contribution i...
I should add, the guidance goes on to say, "if you don't have a 401k but your spouse does... your MAGI should be less than $214k." But what if you DO have a 401...
