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Hi,

I'd like to make sure I understand the situation with Roth IRA's. Is it true that you can have more than one, e.g. a Roth IRA with Ameritrade and one with a company that supports DRiPs and one somewhere else? I would guess that this means that your summed contributions to all three for one year would be capped at $2000, not per-account. Or can you only have one Roth IRA at any given time, and you have to rollover to switch to a new one?

Thanks,

Kiri
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I'd like to make sure I understand the situation with Roth IRA's. Is it true that you can have more than one, e.g. a Roth
IRA with Ameritrade and one with a company that supports DRiPs and one somewhere else? I would guess that this
means that your summed contributions to all three for one year would be capped at $2000, not per-account



The above is correct. Note I dropped the last sentence.
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Yes, the cap remains, but the amount of accounts is limitless.
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