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Very, very, very new to the sport of retirement and it's many approaches.

i want to start an (or more than one) IRA(s). My wife has a 401k from her business and we are not eligible for the Roth IRA, nor or we eligible to make deductible contributions to an IRA.

Are IRA's still an option for us?

Can we contribute more than $2,000 to an IRA?

Is the $2000 contribution just for one IRA or is it a cummulative contribution among more than one IRA?


I have read the FAQ's and read the Fool's School on IRA's, but cannot seem to find the answers to my questions. Would really appreciate your responses.

Thank you all in advance.
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