Spousal IRA
A Traditional or Roth IRA established and funded by an individual for his or her spouse.
These plans are typically set up when the spouse has little or no income, as they provide added benefits in that case. The contribution limits and eligibility requirements for a spousal IRA are the same as those for a regular IRA.
These plans are typically set up when the spouse has little or no income, as they provide added benefits in that case. The contribution limits and eligibility requirements for a spousal IRA are the same as those for a regular IRA.
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