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www.eInvesting.com Forum Index » Saving Money

Can I have an IRA?


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foxnstocks
PostPosted: Thu Feb 10, 2005 12:49 pm Post subject: Can I have an IRA? Reply with quote

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If I do not have any income, can I open an IRA in just my name? My husband has income and we file joint taxes. Thanks!
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Aladdin
PostPosted: Thu Feb 10, 2005 3:14 pm Post subject: Reply with quote

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When I quit work to stay home with the kids, I rolled my 401K over into an IRA, so yes you can. My husband is our sole income and we file joints taxes.
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happybratpack
PostPosted: Fri Feb 11, 2005 7:28 am Post subject: Reply with quote

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Yes, you can open an IRA and contribute to it on your own.
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trixiezzz
PostPosted: Sat Feb 12, 2005 6:24 am Post subject: Reply with quote

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A non-working spouse can put money into an IRA up to $3,000 isn't that right?
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foxnstocks
PostPosted: Wed Mar 02, 2005 3:52 am Post subject: Reply with quote

Investing Sr. Associate
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10961.46 e$

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Thanks for the reply. I did find an article explaining that the spouse can contribute $3,000 to the IRA. Now, just to choose where and what type.
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