The spousal IRA is an IRA funded for a spouse with little or no income by a working spouse with income.
You can always get at your money in an IRA.
Should I Invest In A Roth Or Traditional IRA? My standard answer is; it depends.
Minimum required distributions known as MRDs normally must begin at age 70½ for your IRAs except the Roth IRA.
This particular IRA benefits the “at home nonworking spouse”, a term coined by Congress in its infinite wisdom.
A Roth IRA is a new twist on an old product.