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.

Given the cost of childcare and the challenges of raising kids, it can sometimes make sense for a couple to decide that one parent will work full-time while the other parent stays home with their ...

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 ...

There's still time to lower your 2023 tax bill or boost your refund with a spousal IRA for married couples. Here's who qualifies.

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 ...

An inherited IRA is created when someone inherits that account, often from a non-spouse. A spousal IRA allows working spouses to contribute to the account for non-working or low-earning spouses.

The good news is that a spousal IRA can help boost your retirement prospects. Here's what you need to know. A spousal IRA is actually just a regular IRA. However, the term spousal IRA is used for ...

Don’t stop at just the spousal IRA though. According to Cruze, couples should explore “other investing that you can do at that point together outside of your husband’s retirement.” ...