Can my husband contribute to my Roth IRA?

Answer Your husband can contribute to your Roth IRA. IRS Publication 590 states that that your household modified adjusted gross income must be less than $176,000. Contributors should also note that there... Read More »

Top Q&A For: Can my husband contribute to my Roth IRA

Can both husband& wife contribute $5000 to a Roth IRA?

Both husband and wife can contribute up to $5,000 to a Roth IRA. If either spouse is 50 or older, the cap is raised to $6,000. Spouses can both contribute to a Roth IRA as long as one spouse works ... Read More »

At what age can you contribute to a Roth IRA?

There is no minimum or maximum age requirement for contributing to a Roth IRA. Anyone can contribute to a Roth IRA, regardless of age, as long as he has earned taxable income. Also, there are no st... Read More »

How much can you contribute to a Roth IRA?

If you are under 50 at the end of 2009, maximum 2009 contribution for a Roth IRA is the smaller of $5,000 or the amount of your taxable compensation for 2009. If you are 50 or older, the maximum co... Read More »

Can I contribute to a SEP IRA& a Roth IRA?

It is possible to contribute to both a Roth IRA and a SEP IRA. Contributions to a SEP IRA are considered elective deferrals. Elective deferrals are contributions made to an employee’s plan, at th... Read More »