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Spousal IRA Contributions and Divorce: What You Need to Know
In a marriage where one spouse (Annie) has earned income and the other spouse (Bernie) has little or no income, an IRA or Roth IRA contribution can be made for Bernie based on Annie’s income. However, what happens if Bernie makes his contribution early in the year and later in the year he and Annie are divorced or separated?
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Join Ed Slott and Company for 2 full days of extensive IRA training. CE Credits Available. Find Out More | Web-based IRA training sessions. Receive a reference manual with each session. Find Out More |
