How a Spousal IRA Can Unlock Retroactive Tax Savings for Your Household

ARTICLE | February 17, 2026

Not every household earns two incomes, and that does not have to mean one spouse falls behind on retirement savings. A spousal IRA allows a nonworking spouse to contribute to their own individual retirement account based on the working spouse's earned income, and it comes with a valuable bonus: you generally have until April 15, 2026, to make contributions for the 2025 tax year. In some cases, those contributions may reduce your taxable income when filing jointly. Whether you are considering a traditional or Roth IRA, the rules can be nuanced, and the right choice depends on your income, your tax bracket, and whether either spouse participates in a qualified retirement plan.

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