can you contribute to both a Roth and regular IRA? I know the differences and what not, but i have a Roth and want to see if i can open a regular one as well?
I have a Roth IRA and a company 401 K. I own the company, so I match my own contributions epper:
I can save some stupid amount of money before I start paying taxes. I paid a CPA and my IFA to set it up. Make a call to an IFA, a lot of them will do it for free...
yes you can contribute to as many ira's as you want in your name. the problem is that each ira in your name is not viewed individually. so if you have one ira and one roth ira the total contribution to both ira's can not exceed the maximum per year. if your under 50 years old you can contribute up to 4k each year through 2007.