Spousal Ira

Spousal Ira means:
an individual retirement account created in the name of a nonworking spouse. The maximum contribution is $2,250 per couple, as compared with a $2,000 limit per working individual. The $2,250 may be divided between the spouses' separate IRA accounts according to their preference, but the maximum that can be deposited annually in either account is $2,000. Former IRC (check if this IRC provision is current here) §219(c).

Spousal Ira Issue

You may find information about Spousal Ira in this Tax Platform of the American Encyclopedia of Law.