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URL:  https://boards.fool.com/hi-sb-i-am-wondering-if-i-can-open-another-13889369.aspx

Subject:  Re: More than one Roth IRA? Date:  12/12/2000  8:26 PM
Author:  wkiri Number:  26568 of 94982

Hi SB,

I am wondering if I can open another, cheaper Roth IRA elsewhere in 2001, contribute my $2000 to that one until I'm ready to buy a house, then combine the two.

I know that it's fine to have more than one Roth IRA at the same time (I learned that on this board, in fact!). You don't have to contribute all $2000 to the same one, either. So you'd be fine opening another Roth IRA and contributing to that one until 2004, when the AmEx fee has disappeared.

- Kiri

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