With tax season in full swing, many married couples are looking for last-minute ways to maximize their retirement savings and tax breaks. And if one spouse is not working, they might be missing out on putting retirement assets in their name—not to mention reducing the tax-deferred growth possibilities as a couple. One strategy that remains available in 2024: Making spousal IRA contributions. This can benefit couples where one spouse earns significantly less than the other, or even has no income at all. Here's how it works.How spousal IRA contributions can double your retirement tax breaksThe IRA contribution limits for 2023 are $6,500 for those under age 50, and $7,500 for those age 50 or ol
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