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Subject:  Re: Roth and Regular IRA's Date:  8/1/1999  10:31 AM
Author:  TchrP Number:  12680 of 88508

You can have both Roth and traditional IRAs at the same time. You can also have any number of IRA accounts.

What you can't do is contribute more than a total of $2,000 (or your qualifying income, if less than $2,000) to all of them combined, per tax year.

So it is perfectly feasible to stop contributing to your traditional IRA, leave it as a traditional IRA (that is, no conversion), and begin contributing to a new and separate Roth IRA. There is also an income ceiling for Roth IRA contributions, but it is higher.
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