Can I add my higher income spouse's name to my Roth IRA in order to raise our contribution limits?
A: IRS rules prevent you from maintaining joint Roth IRA accounts. However, you may accomplish your goal of contributing larger amounts if your spouse establishes his or her own IRA.Please note, however, that if your tax filing status in 2017 is married filing separately, you are eligible to contribute to a Roth only if your modified adjusted gross income (MAGI) is less than $133,000; however, con...