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- Apr 9, 2008
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Hi, I'm a newbie to Investment world. need some info
I want to contribute to IRA for me and my wife.
here is the situation
I'm a resident and my gross income is around 50K.
My wife did not working.
1. Can I contribute to IRA account $4000 for me and my wife. that's total of $8000.
2. can I contribute to both 401K and IRA for myself
I want to contribute to IRA for me and my wife.
here is the situation
I'm a resident and my gross income is around 50K.
My wife did not working.
1. Can I contribute to IRA account $4000 for me and my wife. that's total of $8000.
2. can I contribute to both 401K and IRA for myself