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Can I rollover a pension distribution from a qualified plan to my spouse's traditional IRA? She is not working and does not receive a pension. We have no earned income.

Forum|Forum|7 years ago
June 1, 2019
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Best answer by Coleen3

Unfortunately, no. This is your retirement account and your wife's IRA is her account. It is not like other items on a joint return. There is no joint ownership and you do not mix accounts.

C

Coleen3

Employee

From YOUR retirement plan to spouse's IRA?

S

sleahyAuthor

Yes, can I rollover a distribution from my pension to a spouse's IRA? I usually just contribute to her IRA every year, but wondering if I can just rollover a portion of pension distribution to her instead. thank you

C

Coleen3Answer

Employee

Unfortunately, no. This is your retirement account and your wife's IRA is her account. It is not like other items on a joint return. There is no joint ownership and you do not mix accounts.