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Mobyduck asks:

<<I opened a Roth IRA with the Vanguard 500 index fund for 1998. Must I deposit to only this IRA each year? Or can I have several IRA's as long as my total deposits don't exceed $2000? >>

As Chris aka SnootFool says, you may have as many traditional and Roth IRAs as you want. The only restriction is that your combined annual contribution to all of them may not exceed $2K. Thus, you may contribute $1 to each of 2,000 IRAs or $2K to one. You just cannot exceed the $2K limit.


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