No. of Recommendations: 0
...So, you can have an many IRAs as you want, but the contribution limit is an aggregate of all the accounts.
I'll clarify and say that you can have as many _Roth_ IRAs as you want....I don't know if you can have a Roth IRA and a Traditional IRA and put $2k in each. That's beyond my knowledge.

I've done all the above without the IRS knocking on my door.

Good luck,

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.