Hey Reddit,
I am able to max out all of my retirement accounts every year. My wife recently stopped working to become a SAHM. This not only means no income, but also no retirement account contributions for her.
Any creative ways to get some of my money into tax advantaged accounts for her?
I've checked online and we could do a spousal IRA, but it doesn't seem to be any better than just dumping money into a brokerage account since we don't qualify for the tax deferment (income too high).
Are there any creative+legal ways to get her the ability to put money into a retirement accounts? I've thought about potentially paying her and have her set herself up a business/self employed, which would open up options. Not sure if this is ok.
Submitted April 29, 2021 at 05:31AM by smartgenius1 https://ift.tt/3gIiuEi
