Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- SPOUSAL CONTRIBUTIONS
A non-working spouse may make a deductible contribution to this account as long as the couple files a joint return and the other spouse earned as much money as is contributed. The deductibility of the contribution is subject to AGI rules and whether the working spouse is covered by an employer's retirement plan.Back