How much can my spouse contribute to an IRA?

Answer If your spouse doesn't work, the limit that he may contribute to an IRA is probably $5,000, unless your spouse is over 49. For those who are 49 years old or above, the limit is $6,000. Those rules ... Read More »

Top Q&A For: How much can my spouse contribute to an IRA

Can you contribute to a Roth IRA for your spouse?

You are allowed to contribute to a Roth IRA for your spouse if you have taxable income and your adjusted gross income (AGI) is below the limits for married couples filing jointly. For 2009, the lim... Read More »

Can a spouse begin drawing Social Security benefits while the worker continues to contribute?

A person can file for Social Security benefits at retirement age and elect to immediately suspend them and continue working. The person's spouse can then elect to draw retirement benefits based on ... Read More »

How much can you contribute to an ira?

If you are under age 50 at the end of 2009, you can contribute up to $5,000 a year to traditional or Roth IRAs. If you are age 50 or older by 2010, you can contribute $6,000. This amount can be spr... Read More »

How much can I contribute to a SEP?

Employers may establish and contribute to their own and their employees' retirement through the simplified employee pension plan (SEP). In 2009, the annual contribution limit established by the Int... Read More »