A spousal IRA can be a strategic move for couples looking to enhance their retirement savings, especially when one partner ...
Learn how beneficiaries can manage non-spouse inherited IRAs. Explore distribution rules, Secure Act changes, and tax ...
In most cases, you need earned income to contribute to an IRA. However, a spousal IRA lets you work around that rule. Spousal IRAs can provide a big retirement boost to couples with only one income.
I have a pretty good amount in my IRA ($500,000) that I have contributed to for years. I also funded my husband’s IRA spousal ...
Retiring with another person can go very wrong if you're not on the same page about what that retirement will look like.
The spousal IRA is basically an exception to the usual rule that someone must have earned income to contribute to an individual retirement account. This unique feature can double a couple's ...
Inherited IRAs and spousal IRAs are two different types of accounts that you can use for retirement planning. An inherited IRA is created when someone inherits that account, often from a non-spouse.
Should you rollover a spousal inherited IRA or just leave it? This is likely just one of the many decisions that has been dropped in your lap. You may also receive much well-meaning advice from ...
But if one partner is working, a spousal IRA can help close the gap. As long as one spouse has earned income and the couple files a joint tax return, the working spouse can contribute to an IRA in ...
Living Local 15 host Jessica Williams is joined by Caleb Doane, Vice President of Foster Financial, as Caleb discusses how ...
You and your spouse might align on goals but still disagree on the best investments. For example, one partner might shy away ...