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Daily Archives: January 5, 2022

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How Can a Nonworking Spouse Qualify to Fund an IRA?

Blog, Family Finances, Personal Finance, Retirement, TaxBy Editorial TeamJanuary 5, 2022

A frequently overlooked tax benefit is the spousal IRA, which allows a nonworking or low-earning spouse to contribute to his or her own IRA, as long as his or her spouse has adequate compensation.

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