The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/have-sep-ira-can-i-get-a-roth-too-11705071.aspx

Subject:  Have SEP IRA - can I get a Roth too? Date:  12/24/1999  1:49 AM
Author:  Buoy Number:  16833 of 75539

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.

Bob Vesterman.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us