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Hoots : Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name? Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name? - freshhoot.com

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Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name?
Can I roll my current Roth IRA in my name and my spouse's name into a Roth IRA that is only in my spouse's name?


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No, you cannot roll over any money or assets in your IRA (of any kind)
into an IRA of any kind in the name of your spouse. That I in IRA stands
for Individual. As mhoran_psprep's comment asks, if by

"...my current Roth IRA in my name and my spouse's name..."

you are thinking that you and your spouse jointly have an IRA,
you are sadly mistaken; your IRA is yours and your spouse's IRA
belongs to your spouse. Now, if your spouse is the beneficiary of your IRA,
then after your death, your spouse can treat the inherited IRA as
if it belonged to the spouse and even rollover the assets into
the spouse's IRA, but this cannot be done during your lifetime. And, as
stated upfront, you cannot roll over money in any IRA of yours
into any kind of IRA belonging to your spouse.

There is an
exception to all this in cases of divorce when a state court can issue
a qualified domestic relations order (QDRO) under the laws of that
state requiring some or all of your IRA to be rolled over into
your spouse's IRA, but at that point, it is going to be your ex-spouse's
IRA, right? which is not what I think you are asking about.


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