can 2 spouses contribute to roth ira
In most cases, the spouse can then contribute up to the annual limit (in 2012, $5,000; $6,000 if over age 50). The only wrinkle comes if the working spouse doesnât have much income. Then, the spousal contribution is limited to that income minus any Roth IRA contributions made on behalf of the working spouse.s long as you meet the guidelines, a non-working spouse can have a Roth, too. Note: The article below refers to the 2012 tax year. Assuming your IRA was opened by Dec. 31, 2012, you have until the tax filing deadlineâApril 15, 2013âto make a 2012 contribution.