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Subject:  Dumb IRA Question Date:  1/31/2001  9:27 PM
Author:  MrFrito Number:  27607 of 90763

No, this really is a dumb question. I just want to know: can have more than one IRA account so long as my total contributions to both aren't over 2K/yr? I think the answer is rather obvious, but I haven't been able to find confirmation on this and don't have time to root around on the Net right now.

My current IRA is a Roth. It's in the form of a mutual fund with Fidelity. I want to open a 2nd Roth IRA in a trading account with Brown & Co, my online broker. BrownCo is allowing IRAs to be opened for less than 5K this year. I just want to make sure I can simultaneously maintain two IRAs.

TIA for all responses.
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