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Greetings, Cherry, and welcome. You asked:

I have a question that may or may not seem bizarre. I am married. I have a 401k and my husband does not. My question is: how many IRAs and ROTH IRAs can we open between us? I would like to have another separate IRA for myself and my husband also wants one. Can we each have both an IRA and a Roth? Just wondering.

You may have as many traditional and Roth IRAs in your name as you can make arrangements for, and the same goes for your spouse. You just cannot contribute more than the allowable $2K per year to all of them combined. Together you and your spouse may contribute up to $4K per year. You each could contribute $1 to 1,000 of your own traditional IRAs and $1 to another 1,000 of your own Roth IRAs, or any combination thereof, just as long as the total contribution you make to all IRAs does not exceed the annual limit of $2K. Your hubby gets up to $2K to use for his IRAs, and you get up to $2K to use for your IRAs.

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