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Here's How Couples Can Save for 2 Retirements on 1 Income


If you're married to someone who isn't earning a paycheck right now, or you're the one who isn't working, you still have two retirements to plan for. But to fund a retirement account, you need to earn income from a job or your own business.

Fortunately, there's an easy work-around. Married couples can use a spousal individual retirement account (IRA) to save for both retirements, even when one person isn't employed. Here's how a spousal IRA works.

Image source: Getty Images.

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Source Fool.com


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