Can you invest in a traditional IRA and ROTH IRA in the same tax year?

Question

$4,000 limit

Answer 1

yes as long as the sum of both do not go over $4000 limit and if you are over 50 a $5000 limit

Answer 2

The above answers about the maximum are correct. The question is why do you want to? They serve different purposes. You need to ask yourself if you are likely to be in a higher tax bracket now, or after retirement and base your choice on that.

Answer 3

You can, but you cannot exceed the maximum 4k contribution.

You'd have to split it between the two.