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.
As a couple, you can benefit by doubling your household contributions to an IRA. For 2013, the maximum contribution is $5,500. If the working spouse maxes out his or her IRA, and then makes another maximum contribution to the non-working spouseâs IRA, the household now has the ability to contribute $11,000 for the year.or many couples, spousal contributions to an IRA can be a great retirement planning boost. However, you want to make sure that you meet the eligibility requirements before you proceed. Jeff Rose is a certified financial planner and U.S. combat veteran. He blogs at Good Financial Cents and Soldier of Finance.