This principal residence must be acquired by the Roth IRA owner, their spouse, or their lineal ancestors and descendants. The owner or qualified relative who receives such a distribution...
Spousal IRA contributions allow a working spouse to put money in their nonworking spouse's retirement account, if they meet these requirements.
Here’s what non-spouse beneficiaries of IRAs need to know.
Occupation Sportswriter, Biographer Alma mater Miami University (B.A. ) Northwestern University (M.A. ) Spouse Dolly Berkow Ira Berkow (born January 7, 1940) is an American sports reporter...
Pictures Spouse Rena Carlton Ira Harry Morgan (2 April 1889 – 10 April 1959) was an American cinematographer. He successfully transitioned from silent movies to sound films. Contents 1...
one too many This user currently has one too many spouses .
A spousal IRA is a strategy that allows a working spouse to contribute to an IRA in the name of a non-working spouse to circumvent income requirements.
Traditional IRA deduction limits: You can always contribute the full amount, but your ability to deduct contributions may be reduced or eliminated if you or your spouse has a 401(k) or other retire...
If you are the spouse of an IRA owner who has named you as his or her beneficiary, here's what you need to know.
Even when one spouse isn't working, you might both still be able to contribute to an IRA.