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My wife and I each have Roth IRAs and contribute the full amount annually. We have a combined annual income of <$100k. Can I also contribute to a 403b annuity through my workplace?

-ash
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Greetings, Ash, and welcome. You asked:

My wife and I each have Roth IRAs and contribute the full amount annually. We have a combined annual income of <$100k. Can I also contribute to a 403b annuity through my workplace?

If you are eligible to participate in a 403b plan at work, then you may do so. Your use of a Roth IRA has no impact on that eligibility. In fact, if anything, the 403b plan participation would affect your ability to use a fully deductible traditional (not Roth) IRA. For details, see our IRA Area at http://www.fool.com/money/allaboutiras/allaboutiras.htm and IRS Publication 590 (Individual Retirement Arrangements) available for download at http://www.irs.ustreas.gov/forms_pubs/pubs.html.

Regards..Pixy
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Whether you CAN is a different question from whether you SHOULD. If the annuity has high enough fees, it might be better to buy-and-hold low-dividend stocks, or a tax managed mutual fund.
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My 403(b) through the University where I work is called a "Tax Sheltered Annuity" but it really isn't. We use Vanguard and can choose from any of their funds, just like a typical 401k (no matching though). I was advised by the school that the name "annuity" was just kept out of habit.

Adenovir
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403(b)s were originally required to be annuities (the idea was that teachers needed to be protected from "risky" investments) but a change in the law allowed mutual funds.
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