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Furthermore, when setting up a spousal IRA, you have a choice between a traditional and a Roth IRA. A traditional IRA works much like a 401 (k). Its tax-deferred, which means you dont pay taxes on the money you invest until you withdraw it. A Roth IRA uses after-tax dollars, so your investment grows tax-free. This aspect of No Retirement Fund 36 Where Should I Start Roth Ira My Wife plays a vital role in practical applications.
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Moreover, when setting up a spousal IRA, you have a choice between a traditional and a Roth IRA. A traditional IRA works much like a 401 (k). Its tax-deferred, which means you dont pay taxes on the money you invest until you withdraw it. A Roth IRA uses after-tax dollars, so your investment grows tax-free. This aspect of No Retirement Fund 36 Where Should I Start Roth Ira My Wife plays a vital role in practical applications.
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