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Hi everyone,
My dad recently asked me about opening an IRA for himself and my mother. I just did so myself but wasn't to helpful in answering his questions because he falls under a completely different bracket. Anyways I thougth I would post some stats about where they stand and get some of your opinions.

Father: 56, puts max + catchup into 401(k),Invests Aggresively
Mother: 55, puts max + catchup into 403(b),Invests Aggresively

I don't know what their incomes are individually but I am somewhat sure that they both don't make over 105,000 which I think is the cutoff..but not sure...assuming that they don't make over the cutoff, my dad would like to start an IRA for himself and my mother and is not sure if 1. he is allowed and 2. what the max contributions would be. If it is possible I recconmended Scottrade which I just started an IRA with and seems to be a great deal. As for how he should invest I think I would reccomend a Vanguard Fund like the total mrkt, or S&P500.

Any advice would be greatly appreciated.
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