Date: Thu, 15 Dec 2005 09:49:23 -0600
From: Rich Carreiro 
Newsgroups: misc.invest.financial-plan
Subject: Re: Non-working spousal IRA contribution
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Steve M  writes:

> I have been umemployed the last 12 months (all of 2005).  My wife does
> not have a retirement program at work.  Can we both contribute 3,500
> (over 50) to our individual IRA's for 2005?  

As long as your wife has more than $7,000 in earned income, yes.

-- 
Rich Carreiro                            rlcarr@animato.arlington.ma.us