Hi Folks,

Wife and I are married filing jointly.  I'm looking at contributing the max $7000 for each of us, so $14,000 combined.  I was looking to open the Traditional IRA in a Scwab account.  Can I contribute (1) lump $14000 or do I need to contribute (2) $7000 lots in her name and then my name ($7k in each of our names)???  I'd ask my accountant but I've hounded her with questions on another issue and I sense she's about to strangle me.
Thank You