Spousal IRA
A traditional or Roth IRA established and funded by an individual for his/her spouse.
Investopedia Commentary
These plans are typically set up when the spouse has little or no income, as they provide added benefits in that case. The contribution limits and eligibility requirements are the same for a spousal IRA as they are for a regular IRA.
Related Links
Making Spousal IRA Contributions
Introductory Tour through Retirement Plans
See also: In-Service Withdrawal, IRA, IRA Adoption Agreement and Plan Document, IRA Conversion, Non-Qualified Distribution, Ordering Rules, Qualified Distribution, Recharacterization, Reconversion, Required Minimum Distribution, Roth IRA, Triggering Event
spousal IRA