google bot detected Spousal Individual Retirement Account Ira | Insurance Glossary | Realestateagent.com

Spousal Individual Retirement Account Ira


Definition of "Spousal individual retirement account (ira)"

Penny Boyles
  Properties In Carolina

Individual retirement account established under the tax reform act of 1986, for a spouse who has unearned income. The maximum annual combined contribution into the worker's and spouse's IRA is $2250. The contributions can be apportioned between the two accounts in any manner desired.



Related Real Estate Glossary terms

Related Real Estate FAQ