Categories: Curiosities

16 Tax Problems Most Single-Income Families Are Facing

Missing Out on the IRA Contribution Deduction

A nonworking spouse’s ability to contribute to an IRA depends on the working spouse’s income. “Total contributions to both your IRA and your spouse’s IRA may not exceed your joint taxable income or the annual contribution limit on IRAs times two, whichever is less,” according to the IRS.

Claudia Calina

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Claudia Calina

Share
Published by
Claudia Calina

Recent Posts

Retirees Are Wasting More Than $8000/Year on These 10 Things

> Trim these expenses to save more in retirement With a lot of discussion about…

7 years ago

18 Cheap Places to Retire Near the Beach in USA

If your ideal place to retire in America is by the beach, you’re in luck…

7 years ago

These 15 Reasons Can Get You Broke During Retirement

Why many retirees outlast their savings As 10,000 baby boomers turn 65 every day and…

7 years ago

Best Places to Retire in USA With Less Than $45K/Year

If you’re thinking about relocating to somewhere cheaper in retirement, you’re not alone — many…

7 years ago

Stop Wasting Your Money on These 30 Supermarket Buys

Making a list and sticking to it when you’re at the grocery store is an…

7 years ago

Don’t Take with You These 27 Shopping Habits in 2019

SKIP THESE BAD BUYS Every year we spend money on purchases that may be falsely…

7 years ago