Spousal IRA Calculator
Calculate retirement savings for a non-working spouse using a Spousal IRA contribution strategy.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
FV = PV × (1+r)^n + PMT × ((1+r)^n − 1) / r
A working spouse can fund a Spousal IRA for a non-working spouse, allowing both to build retirement savings.
Frequently Asked Questions
Can a stay-at-home spouse have an IRA?
Yes! A Spousal IRA allows a non-working spouse to contribute up to $7,000/year ($8,000 if 50+) based on the working spouse's income.