Greetings, Russ, and welcome. You asked:<<Is it possible for one individual to own both a Traditional IRA and a Roth IRA and make contributions to both? If so, is the maximum amount which can be made to each $2000.00 or does the amount invested in one limit the investment to the other?>>Yes, you may have both at the same time and you may contribute to both at the same time. Your contributions, though, are limited to no more than the lesser of your earned income or $2K per year, which can be divided any way you wish between all of your IRAs.Regards..Pixy
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