My daughter who is working as a contract employee in Iraq, just became eligable for their 401K plan. Up til now she just had a traditional IRA to which she has already contributed $2,500 this year. She wants to opt for the Roth 401K since most of her salary there is tax free. I know that is the best option but I am wondering:1. Can she keep her traditional IRA and just not contribute any more to it.2. Does the fact that she has already made some contributions for this year matter?The company FAQ says you can have 2 401K'S, one traditional and one Roth. Just the contribtion limit stays at $15,500 for the year. She will have some taxable income this year both from her current job and the one she left when she went to Iraq in March. So between the two or the IRA she may be able to escape all taxes this year.Any help or opinions will be appreciated.Cloaca
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