Joint Roth IRA

Get advice from someone who knows what they are talking about, but I would suggest not putting it in joint names (not even sure you can) for multiple reasons including unless y'all are exactly the same age the disbarment dates would be different, if in both names and something happened to the relationship it would be more difficult to divide, with the death of one would possibly freeze up the account while it went through the succession, etc....just get each of you an account in your own name


No you can not deduct contributions, that is the big thing with Roth you pay taxes on the money you put in and not on the gains! unlike a traditional where the contributions are deductible but the gains are taxed! I feel you should have a mixture of both , and I never trust the government and feel they will renege on the ROTH promise before it is over with

First, never put anything in both your names until the marriage license is signed.

In any event, the I in IRA stands for individual. To my knowledge, they can't be joint. And as a practical matter, it's better to have a separate IRA for her, which allows you to effectively double your yearly contributions (can max out in both accounts, not just one).

Joint IRA does not exist. Name the woman sole primary beneficiary. If you die, spouse takes the IRA over without a hitch.

Fiancé (ie non spouse) can also take it over, but must take a RMD each year (yes even for Roth)..though no RMD while you're alive and own the Roth IRA

For traditional IRA: RMD rules would apply under her age at that point too

Does anyone even think to understand what something means before dumping money into it?