...Providing the sum of your contributions is within the guidelines for multiple accounts. I am limited to the predesignated investing options with my current account and would lilke to open another account with a firm that has more options (ex. individual stocks, etc...) Thanks.
2006-08-09 07:44:01 · 4 answers · asked by efriend1969 1 in Business & Finance ➔ Investing
Yes, I believe you can open as many accounts as you like, providing you stick to the $ limits per year in combined accounts.
2006-08-09 07:51:02 · answer #1 · answered by jazzzame 4 · 0⤊ 0⤋
you can open more than one ROTH ira account in a given year with the contribution limit by IRS rules
2006 is 4000, if you are 50 and older add 500 more
2007 is 5000,if you 50 and older is 500 more
2006-08-09 19:09:31 · answer #2 · answered by Hoa N 6 · 0⤊ 0⤋
Yes, you definitely can. I have multiple IRAs. But as they say, you have to stick to a sum total contribution yearly.
2006-08-10 11:21:44 · answer #3 · answered by kako 6 · 0⤊ 0⤋
stay within the contribution guidelines and you can have 100 of them
2006-08-09 07:48:58 · answer #4 · answered by 3eleven 4 · 0⤊ 0⤋