[{"data":1,"prerenderedAt":158},["ShallowReactive",2],{"gql:data:xwEJiviK29Bl6Lok40AQJiK543FmPnJAP23YG3SeMjc":3},{"mediaItem":4},{"relatedItems":5,"date":83,"derivedSeoDescription":84,"derivedSeoTitle":85,"derivedSocialMediaDescription":84,"derivedSocialMediaImage":86,"derivedSocialMediaTitle":85,"flexComponents":98,"author":9,"title":129,"byline":130,"shortDescription":9,"tileImage":131,"mediaFormat":140,"mediaFocuses":142,"teamMember":144},[6,44,64],{"title":7,"byline":8,"shortDescription":9,"slug":10,"featuredImage":11,"tileImage":23,"mediaFormat":34,"mediaFocuses":36,"date":43},"Outlook and Insights Third Quarter 2026","By Ferguson Wellman","","outlook-and-insights-third-quarter-2026",{"id":12,"alt":9,"caption":13,"assetUrl":14,"assetUrlXs":15,"assetUrlSm":16,"assetUrlMd":17,"assetUrlLg":18,"assetUrlXl":19,"assetUrlXxl":20,"width":21,"height":22},"1848",null,"https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/xs_Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/sm_Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/md_Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/lg_Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/xl_Screenshot_2026-07-08_at_9.46.24_AM.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1848/xxl_Screenshot_2026-07-08_at_9.46.24_AM.png",1622,2108,{"id":24,"alt":9,"caption":13,"assetUrl":25,"assetUrlXs":26,"assetUrlSm":27,"assetUrlMd":28,"assetUrlLg":29,"assetUrlXl":30,"assetUrlXxl":31,"width":32,"height":33},"1847","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/xs_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/sm_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/md_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/lg_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/xl_NoCat_Blog.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1847/xxl_NoCat_Blog.jpg",700,330,{"name":35},"Annual Reports and Publications",[37,40],{"name":38,"slug":39},"Our Investment Views","our-investment-views",{"name":41,"slug":42},"Wealth Management Insights","wealth-management-insights","2026-07-01",{"title":45,"byline":46,"shortDescription":47,"slug":48,"featuredImage":49,"tileImage":51,"mediaFormat":60,"mediaFocuses":62,"date":43}," Where Are My Assets, Really? Understanding Counterparty and Custody Risk","By Samantha Pahlow, CTFA, AWMA®","Investors often focus on what they own and how those investments may perform and pay less attention to where assets are held.","where-are-my-assets-really-understanding-counterparty-and-custody-risk",{"id":50,"alt":9,"caption":13,"assetUrl":13,"assetUrlXs":13,"assetUrlSm":13,"assetUrlMd":13,"assetUrlLg":13,"assetUrlXl":13,"assetUrlXxl":13,"width":13,"height":13},"1867",{"id":52,"alt":9,"caption":13,"assetUrl":53,"assetUrlXs":54,"assetUrlSm":55,"assetUrlMd":56,"assetUrlLg":57,"assetUrlXl":58,"assetUrlXxl":59,"width":32,"height":33},"1866","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/xs_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/sm_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/md_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/lg_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/xl_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1866/xxl_Blog_WM.jpg",{"name":61},"Articles",[63],{"name":41,"slug":42},{"title":65,"byline":66,"shortDescription":67,"slug":68,"featuredImage":69,"tileImage":71,"mediaFormat":80,"mediaFocuses":81,"date":43},"Managing Impactful Risks—Aligning Your Financial Life with Your Values","By Mary Lago, CFP®, CTFA","We can frame risks through many lenses, but the most common interpretations relate to insurance to mitigate the cost of low frequency.","managing-impactful-risksaligning-your-financial-life-with-your-values",{"id":70,"alt":9,"caption":13,"assetUrl":13,"assetUrlXs":13,"assetUrlSm":13,"assetUrlMd":13,"assetUrlLg":13,"assetUrlXl":13,"assetUrlXxl":13,"width":13,"height":13},"1871",{"id":72,"alt":9,"caption":13,"assetUrl":73,"assetUrlXs":74,"assetUrlSm":75,"assetUrlMd":76,"assetUrlLg":77,"assetUrlXl":78,"assetUrlXxl":79,"width":32,"height":33},"1870","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/xs_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/sm_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/md_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/lg_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/xl_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/1870/xxl_Blog_WM.jpg",{"name":61},[82],{"name":41,"slug":42},"2024-02-14","Maximizing retirement savings is an important goal for many couples.","Wealth Management Insights blog: Double Your Savings With a Spousal IRA",{"id":87,"alt":88,"caption":13,"assetUrl":89,"assetUrlXs":90,"assetUrlSm":91,"assetUrlMd":92,"assetUrlLg":93,"assetUrlXl":94,"assetUrlXxl":95,"width":96,"height":97},"6","Ferguson Wellman Logo","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xs_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/sm_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/md_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/lg_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xl_FW-OpenGraph_2x.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/6/xxl_FW-OpenGraph_2x.jpg",1200,630,[99,103,117,120,126],{"instance":100},{"__typename":101,"body":102},"MediaPageTextComponent","Maximizing retirement savings is an important goal for many couples. While there are a variety of tax-advantaged accounts that allow individuals to save for retirement, most are only available to those with earned income during the year. One exception to this rule is an individual retirement account (IRA) for a non-working or low wage-earning spouse, referred to as a spousal IRA.  \r\n\r\nSpousal IRAs have the same annual contribution limits as other IRAs. In 2024, the limit is $7,000 with an additional $1,000 catch-up contribution for those age 50 or older. The contributions can be made to a pre-tax traditional IRA, or an after-tax Roth IRA if certain income limits are met. \r\n\r\nEach spouse can contribute up to the current limit; however, the total combined contributions cannot exceed the earned income reported on the couple’s tax return. \r\n\r\n**Rules**\r\n\r\n* There are a few important rules to remember about spousal IRAs: \r\n\r\n* The couple must file a joint tax return. \r\n\r\n* The spousal IRA is not co-owned. It is in the name of, and owned by, the non-working spouse. \r\n\r\n* Contributions are allowed until the due date of the tax return, without extension. \r\n\r\n* There is no age restriction on contributing. \r\n\r\n**Tax Deductibility**\r\n\r\nTraditional spousal IRA contributions may be fully tax-deductible. This deduction, however, can be limited if either spouse is covered by a retirement plan at work and income exceeds certain levels. \r\n\r\nThe 2024 phase out ranges are detailed below.  ",{"instance":104},{"__typename":105,"image":106,"videoId":9,"caption":9},"MediaPageImageOrVideoWithCaptionComponent",{"id":107,"alt":9,"caption":13,"assetUrl":108,"assetUrlXs":109,"assetUrlSm":110,"assetUrlMd":111,"assetUrlLg":112,"assetUrlXl":113,"assetUrlXxl":114,"width":115,"height":116},"994","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/xs_2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/sm_2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/md_2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/lg_2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/xl_2024_Phase_Out_Ranges.png","https://www.fergusonwellman.com/system/uploads/fae/image/asset/994/xxl_2024_Phase_Out_Ranges.png",602,315,{"instance":118},{"__typename":101,"body":119},"Couples subject to these phaseouts may want to explore making non-deductible contributions and converting them to a Roth IRA, also known as a backdoor Roth contribution. More information about the Backdoor Roth and be found below. ",{"instance":121},{"__typename":122,"heading":9,"linkLabel":123,"pdfUpload":124},"MediaPagePdfLinkComponent","2024 Backdoor and Mega-Backdoor Roth Factsheet",{"assetUrl":125},"https://assets-ferguson-wellman.s3.us-west-2.amazonaws.com/system/uploads/fae/file/asset/42/2024_Backdoor_and_Mega-Backdoor_Roth.pdf",{"instance":127},{"__typename":101,"body":128},"Overall, spousal IRAs can be an important way to build up a married couple's retirement nest egg if only one spouse is employed. If this is something that interests you, reach out to your portfolio manager and wealth planning team to discuss how to best address your needs.\r\n\r\n**Disclosure**\r\n\r\n*The views expressed represent the opinion of Ferguson Wellman. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. It does not constitute investment advice and is not intended as an endorsement of any specific investment. Statements of future expectations, estimates, projections and other forward-looking statements are based on available information and Ferguson Wellman’s views as of the time of these statements. Past performance may not be indicative of future results. Ferguson Wellman, Octavia Group and West Bearing do not provide tax, legal, insurance or medical advice. This material has been prepared for general educational purposes only and not as a substitute for qualified counsel who can determine how this information applies to you. We believe the information provided is from reliable sources but should not be assumed accurate or complete.*\r\n\r\n*Please see additional [disclosures](/disclosures/).*","Double Your Savings With a Spousal IRA","By Charissa Anderson, CFP®, CDFA®",{"id":132,"alt":9,"caption":13,"assetUrl":133,"assetUrlXs":134,"assetUrlSm":135,"assetUrlMd":136,"assetUrlLg":137,"assetUrlXl":138,"assetUrlXxl":139,"width":32,"height":33},"992","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/xs_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/sm_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/md_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/lg_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/xl_Blog_WM.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/992/xxl_Blog_WM.jpg",{"name":61,"slug":141},"articles",[143],{"name":41,"slug":42},{"fullName":145,"title":146,"slug":147,"image":148},"Charissa Anderson, CFP®, CDFA®","Executive Vice President","charissa-anderson",{"id":149,"alt":9,"caption":13,"assetUrl":150,"assetUrlXs":151,"assetUrlSm":152,"assetUrlMd":153,"assetUrlLg":154,"assetUrlXl":155,"assetUrlXxl":156,"width":157,"height":157},"13","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/xs_Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/sm_Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/md_Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/lg_Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/xl_Anderson__Charissa.jpg","https://www.fergusonwellman.com/system/uploads/fae/image/asset/13/xxl_Anderson__Charissa.jpg",1500,1783541879637]