Guest bbennett Posted January 19, 2002 Posted January 19, 2002 I am new to this; I net $2500 per year in self-employment (reported under Schedule C) and my husband earns less than $100,000 per year. Can we each buy a Roth IRA or are we limited to one? Also, do we have until April 15 to purchase one for taxable year 2001? Thank you.
Appleby Posted January 19, 2002 Posted January 19, 2002 Each of you may establish and fund a Roth IRA.( $,2000 each) The deadline to fund a Roth IRA for 2001 is April 15,2002. Life and Death Planning for Retirement Benefits by Natalie B. Choatehttps://www.ataxplan.com/life-and-death-planning-for-retirement-benefits/ www.DeniseAppleby.com
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