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Can non-wage-earning spouses make contributions to a Roth IRA?

April 26, 2017contributions non-wage-earning roth ira spouses

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Can non-wage-earning spouses make contributions to a Roth IRA?

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Yes. A spouse who does not earn income but who files a joint federal income tax return can contribute up to $5,000 in 2008 or 2009 ($6,000 if you are age 50 or older in 2008 or 2009) to a Roth IRA based on the earned income of the joint filer and the MAGI on the joint return. These contributions are not deductible from current taxes.