The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Have SEP IRA - can I get a Roth too?||Date: 12/24/1999 1:49 AM|
|Author: Buoy||Number: 16833 of 78156|
Part of the MF explanation of IRAs says,
"Annual contributions to a Roth IRA are limited to $2,000 minus the taxpayer's traditional IRA contributions."
I currently have a SEP-IRA, to which more than $2,000 is being contributed, yearly. Does that, together with the above quote, mean that I wouldn't be able to contribute to a Roth IRA?
Thanks for any help.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|