I’m 62, retired and want to keep saving. Is there an age limit for Roth IRAs?

Core Insights - Retirement saving for married couples is a collaborative effort, emphasizing the importance of joint financial planning and contributions to retirement accounts [3][5][6] Group 1: Contribution Rules - A spouse can continue to contribute to a Roth IRA even if they are not working, as long as the other spouse has earned income [3][4] - Contributions must adhere to income phaseout limits, starting at $242,000 for married couples and capping at $252,000 [4] Group 2: Joint Financial Planning - Couples should consider their combined savings and retirement goals rather than focusing solely on individual accounts [5][6] - Retirement spending is a joint responsibility, necessitating a unified approach to budgeting for shared expenses [5][6] Group 3: Consolidation Strategies - Retirees can simplify their financial management by consolidating retirement savings into two main categories: pre-tax accounts (SEP IRA, traditional IRA, 401(k)) and post-tax accounts (Roth IRA) [7]