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.
You have to set up the IRA separately for your non-working spouse. This means that the IRA is set up using your partnerâs Social Security Number, and name. With this set up, you can contribute $5,000 for your IRA and $5,000 for your spouseâs, resulting in a yearly contribution of $10,000.