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I didn't know you could have more than one IRA. What are the restrictions on this?

I currently have a SEP_IRA and I was wondering if it would be worthwhile to open a ROTH-IRA.

I was also wondering if you can postdate any contributions to an IRA. For example, say I was completely broke in 1996, but now in 1998 I inherited some money from some long-lost relative, could I now add another contribution as if it is for 1996? I am sure the answer is no, but I thought I would ask.

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