I recently read that, in addition to contributing to your own Roth IRA, you may be able to contribute to a Roth IRA for your spouse, regardless of whether he or she earns any income. Is this true, and are there any restrictions due to income?
It is true. A spousal IRA can be a great way for families with a stay-at-home parent to boost their retirement savings. It's also a good way to keep saving if one spouse has already retired but the other continues to work.
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