MiBolsilloColombia on MSN

The spousal IRA: How a working spouse can supercharge a retiree's savings

Even if you're retired with no earned income, you may still be able to contribute to an IRA. Learn about the Spousal IRA rules and limits for 2025.
St. Louis Post-Dispatch

How Married Couples Can Save For Retirement With A Spousal IRA

Generally, you can’t contribute to an individual retirement account (IRA) unless you earn an income in a given year. The spousal IRA, however, is an exception to this rule. If one spouse works and the ...
Hosted on MSN

Did You Inherit an IRA? Follow These Rules to Avoid Taxes

The rules governing the inheritance of an individual retirement account (IRA) when the IRA owner dies are complicated, but one aspect is straightforward: When the IRA owner dies, the current tax law ...
Orlando Sentinel

The Savings Game: Young widow’s options as an IRA beneficiary

In a recent monthly column, Ed Slott reviewed the options of a young widow who is the beneficiary of an IRA. Following is a summary of the two main options available to a widow in this position. The ...