Wage earner makes $5300, what is maximum amount spouse can contribute to a ROTH IRA? Total income is under $65,000 as most comes from investments and Social Security and both are over 50.
- posted
13 years ago
Wage earner makes $5300, what is maximum amount spouse can contribute to a ROTH IRA? Total income is under $65,000 as most comes from investments and Social Security and both are over 50.
The exact answer to your question is $5300 minus what wage earner deposited to earner's IRA. Or - The total BOTH (not each) may deposit is $5300.
Joe
tks Joe, see it now
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