the appearance or semblance of truth; likelihood; probability: The play lacked verisimilitude. something, as an assertion, having merely the appearance of truth.
The contribution limits apply to each individual, so married couples may be able to contribute the contribution limit for both spouses. For example, in 2017, a married couple, both of whom are over age 50, may contribute a total of $13,000 ($6,500 each, if there is enough earned income to support this level of contribution). Note: You may continue to fund your IRA for 2016 through April 18, 2017.
Since IRAs canât be held jointly, a married couple can contribute the maximum amount to two IRAs. As a result, your working partner can contribute $5,000 to his or her own IRA, and contribute another $5,000 to the IRA in your name, bringing the total annual retirement contribution to $10,000. If the contributing spouse also has an IRA, annual compensation/earned income must exceed the combined contributions the IRAs. 2  Age: The non-working spouse must be under 70 1/2 in the year of the contribution for a traditional IRA.