What is a traditional IRA? What are the tax advantages of a traditional IRA? Who is allowed to contribute to a traditional IRA? How much can I contribute to a traditional IRA? What is the income limit for getting a tax deduction on my contribution to a traditional IRA? When do I have to name a beneficiary? I want to name someone other than my spouse as my beneficiary. Can I do that without the consent of my spouse? I inherited an IRA from my spouse. What are my options? I inherited an IRA from someone who was not my spouse. What are my options?