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.
IRS spousal IRA rules allow a husband and wife to make contributions to each otherâs IRAs. The maximum annual contribution for each IRA is $5,000 and increases to $6,000 when the account owner reaches age 50. This means a couple can contribute a maximum of $10,000 to $12,000 each year.