But, legal bureaucracy can tie those assets up at a critical time in your life. If you have assets in your own IRA, it might be easier to access, says Frank. For couples using the spousal IRA provision, one of the largest benefits is the ability to save enough retirement money in a financial world that is increasingly skewed towards the two-income family. The views represented above are those of the author, and the information provided here does not constitute any tax, investment or legal advice. The historical data presented are for illustrative purposes only.
Past performance is no guarantee of future results.