What Does Spousal IRA Mean?

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What does Spousal IRA mean? Read on to discover the definition & meaning of the term Spousal IRA - to help you better understand the language used in insurance policies.

Spousal IRA

Spousal IRA

An individual retirement account that persons eligible to set up IRAs for themselves may set up jointly with a nonworking spouse.

We hope the you have a better understanding of the meaning of Spousal IRA.

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