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URL:  http://boards.fool.com/great-congrats-on-leaving-ameriprise-i-myself-29896701.aspx

Subject:  Re: Advisor Fired - Now: Vanguard vs. Scottrade? Date:  3/8/2012  8:28 AM
Author:  culcha Number:  70303 of 76384

Great! Congrats on leaving Ameriprise!

I myself have two Roth IRAs, one at Vanguard where I mainly buy index funds, and one at Sctottrade where I mainly buy individual stocks. There is no problem with have multiple IRAs. BUT: no matter how many IRAs you have, and whether or not these IRAs are traditional or Roth, the overall total contribution limit is still $5000 (or $6000, if you're over 50).

culcha
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