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Ask The Expert: Eligibility

Q:
Asked by Jennifer 11/25/15

Can you have a Traditional and a Roth IRA?

A:
Answered by John Baumer 12/1/15
See other answers from this expert.
75 out of 75 people found this useful.

Yes, it’s very common for an investor to have a Traditional and a Roth IRA account.

If you do use multiple IRA accounts it’s important to remember that you can’t contribute more than the annual contribution limit across all your IRA accounts.

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