Association of Municipalities of Ontario (AMO) 200 University Ave., Suite 801. Toronto, Ontario M5H 3C6. Telephone direct: 416.971.9856. Fax: 416.971.6191. Toll-free in Ontario: 1.877.426.6527.
When both partners in a marriage contribute to IRAs, they can contribute $5,000 to each spouseâs IRA for a combined total of $10,000 per year. If one spouse is at least 50, the combined maximum is $11,000. When both spouses reach age 50 the maximum rises to $12,000.
Any contributions for the year to a Roth IRA on behalf of your spouse. This means that the total combined contributions that can be made for the year to your IRA and your spouse's IRA can be as much as $11,000 ($12,000 if only one of you is age 50 or older or $13,000 if both of you are age 50 or older).