I am Married filling Jointly with no dependents, with no itemized deductions, just basic filing for a

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I am Married filling Jointly with no dependents, with no itemized deductions, just basic filing for a married couple making a total of $50,000.

Which of the following is available to you: regular IRA, spousal IRA, nondeductible IRA, ROTH IRA, 401(k)? Tell me which and why? (No need to share salary amounts – just the overall concepts)

For each of the following, when can you take money out without penalties?

Standard IRA

ROTH IRA

401 (k)

Posted Date: Oct 08, 2021 11:33 AM

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I am Married filling Jointly with no dependents, with no itemized deductions, just basic filing for a

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These are basically retirement options and offer investments for future benefits Married couples can ... View the full answer

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