No. of Recommendations: 0
hello - can an individual open up more than one Traditional IRA and contribute $2000.00 in each account? Or is the $2000 limit per person per year, regardless of how many accounts you have?

thanks,
shaun
Print the post Back To Top
No. of Recommendations: 0
shaunpms: "Can an individual open up more than one Traditional IRA and contribute $2000.00 in each account?"

Short answer, No.

"Or is the $2000 limit per person per year, regardless of how many accounts you have?"

Yes.

Regards, JAFO

Print the post Back To Top
No. of Recommendations: 0
Unless you have a spouse, then you can contribute 2,000 in each.
Print the post Back To Top
Advertisement