When Does a Spousal Roth IRA Make Sense?

Ramsey Everyday Millionaires

Ramsey Network

Careers, Investing, Business

4.6 • 3.6K Ratings

🗓️ 7 January 2026

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Transcript

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0:00.0	This episode is brought to you by SmartVestor.
0:07.8	Connect with an investing pro near you at ramsysolutions.com slash smartvester.
0:13.7	Alice is up in Albuquerque, New Mexico.
0:16.5	Alice, how can we help you today?
0:18.6	Hello, thank you so much for taking my call.
0:21.6	My question is, does it make more sense to contribute money to a spousal Roth IRA or continue
0:31.6	doing what I'm doing, which is currently setting money aside in an emergency fund and other expected expenses such as vacation,
0:40.4	maybe a future car purchase, et cetera. My husband's going to continue working for about another
0:47.1	10 months to 12 months. Okay. So this is in this is you planning for retirement. Yes. Okay.
0:55.3	How old are you guys?
0:57.3	I'm 65.
0:58.8	My husband is 64.
1:01.2	I retired in 2015 to take care of my mother.
1:05.8	And then I took care of my sister who had early onset Alzheimer's.
1:10.6	And so I've been out of the workforce for quite a while.
1:15.0	Okay.
1:15.7	And so tell me what you guys have so far in retirement.
1:23.0	Together we have about 1.5 million in 401Ks, 403Bs, Roth, and my husband has a TSP.
1:33.0	Okay.
1:33.8	And is there anything else?
1:35.4	Tell me about your other assets.
1:36.6	Do you own your own home?
	...

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