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Spousal IRAs: an information alert

August 18, 2022

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Quick Definition:
“Spousal IRA”

A spousal IRA is an IRA set up to receive
contributions by a non-working spouse.

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“Spousal IRAs: an information alert”

To get my complete article
with all the details…

Here’s important information you should know if you want to increase your retirement savings (and who doesn’t?)…

You or your spouse can use the spousal IRA to make contributions to a traditional, non-deductible, or Roth IRA.

This is true whether one or both spouses work!

Two facts you should know:

  1. Things get a bit complicated if you or your spouse participate in a tax-favored retirement plan via a job or through self-employment.

Don’t worry. I’ll explain everything in language you can understand when you read my new article.

  1. Be aware! The sooner you contribute, the sooner you can start earning tax-deferred income via a traditional IRA, or get tax-free income with a Roth IRA.

Over time, this can add up to a lot of money.

My advice?

Get moving now and get full details.

 If you want to make sure that there won’t be any cracks in your retirement nest egg…

CLICK HERE and read my complete new article titled…

“Spousal IRAs: an information alert”

Filed Under: Investments, Retirement, Spouse, Tax Policy

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