How to Contribute to a Roth IRA?

Answer As long as you or your spouse works, you can contribute to a Roth IRA. It’s almost as simple as that. Fewer limits and restrictions make it easier to contribute to a Roth IRA than to a traditiona... Read More »

Top Q&A For: How to Contribute to a Roth IRA

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 »

How long can you contribute to a roth ira?

You can contribute to a Roth IRA at any age and the money can remain in your account as long as you live. According to the Internal Revenue Service, the maximum contribution people age 49 and under... 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 my husband contribute to my Roth IRA?

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 »