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Welcome to the board, Gio!

I just opened up both a Roth and Traditional IRA. I am eligible for both since I can make a partial contribution to the Roth due to my high AGI. So the max is $4k for both. Now I want to invest them (I'm with Fidelity as that's where my employer has my 401(k)). Also my limit for contributions to 401k is 12% for high AGI emps, lower AGI emps is 20%.

I just want to clarify a couple of IRA related items here.
1. The max contribution for a single IRA (Traditional or Roth) or combination of IRAs (multiple Traditional IRA, multiple Roth IRA or some comination) is $4K per Tax Year, or put another way, the total of your Traditional IRA + Roth IRA should not exceed $4K (True for 2006 and 2007, goes up in 2008).

2. The Traditional IRA comes in two flavors-
a. deductible Tr-IRA or,
b. non-deductible Tr-IRA.
Your income level excludes you from option a., but option b. does not make sense if you can contribute to a Roth IRA. From the information you have provided, it appears you can make a max contribution of 4K to a Roth IRA.

Your next option is probably Taxable accounts, since long-term Capital Gains (LTCG) are taxed at 15%


Your 401k portfolio seems well diversified. I am guessing the portfolio looks the way it does, is more the result of performance of Intl Fund, as opposed to a heavy asset allocation in International. Just curious-what is your current asset allocation model i.e. what percentage is allocated to each of those funds?


Hohum
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