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Subject:  Can I have more than one Roth? Date:  4/18/2000  10:01 PM
Author:  MustangII Number:  21345 of 88775

I realize you can only put $2000 into a Roth per year.

Can you have multiple Roth accounts and put $2000 into each one each year?

Here is what I have done. I foolishly (small f) opened a Traditional IRA with my local bank in late 1997 with $500.00. On 4/98 I deposited an additional $1000 and on 12/98 rolled it all over to a Roth. This account has a unique account number.

I attempted to add $1000 on 12/98 but come to find out it was put into a different Roth account. (different account number anyway)

On 10/99 I gave the bank $2000 to put into my Roth but again I ended up with another Roth account with a unique account number.

It now seems I have 3 different Roth accounts with this bank. It seems each time I take them a deposit they open a new CD and issue a new account number.

Do I really have 3 different accounts and could I put $2000 into each one every year?

I would really prefer to roll all this mess into a Vanguard index fund, is this possible?

Sorry so long and thanks for the education!
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