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URL:  https://boards.fool.com/the-rep-i-talked-to-at-vanguard-said-i-could-24200898.aspx

Subject:  Re: SIMPLE -> ROTH rollover: too good to be t Date:  6/7/2006  4:31 PM
Author:  TMFPMarti Number:  87251 of 131777

The rep I talked to at Vanguard said I could contribute $10000 to my SIMPLE and $5000 to my employer's, up to the total defered limit of $15000. Was he wrong on this? Anyway, that is how I arrived at the numbers I did:

My simple: 10k
Employer's SIMPLE: 5k
Regular Roth IRA: 4k
Total: 19k


While one should never rely on a mutual fund customer service rep for tax advice, this one was correct. The reason I questioned the $19,000 figure was that I didn't realize you were including a Roth contribution in that number.

Phil
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