The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/you-could-have-multiple-accounts-but-you-are-30590550.aspx

Subject:  Re: Roth IRA Date:  3/14/2013  8:03 PM
Author:  Raladic Number:  118057 of 121478

You could have multiple accounts, but you are still bound to the contribution limit overall (5.5k for 2013) - this spans across any number of accounts you have.
On top of that you may not be allowed to contribute at all, depending on your income.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us