What happens if one spouse is an active participant in a company-sponsored retirement plan and the other is not,or does not have earned income?
The non-active participant spouse can fully deduct his/her IRA contribution if their joint adjusted gross income is less than $167,000 in 2010 and $169,000 in 2011. The deductibility phases out for married couples with an AGI between $167,000-$177,000 in 2010 between $169,000 and $179,000 in 2011. No dedutions are allowed when AGI is greater than the upper limit.
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