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I have accepted a new job opportunity with a small company that does not currently have a 401K. I have been saving the maximum in my prior company's 401k for years.

I also have an established IRA which I can contribute to. It is my understanding that I can only contribute $2000 to this IRA per year. If this is so, should I open another IRA for my husband who is self-employed and put $2000 in that as well?

Also, since I have made 401K contributions in 1999 January - October 30 can I contribute to my IRA November - December of this year too to make up for the 2 month loss in retirment savings.

Thanks for your advice.

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