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Retirement tax questions
"Is it possible to have more than 1 IRA account ?"
Yes.
"is there any tax benefit from having more than 1 IRA account ?"
No. For tax purposes your multiple IRAs of the same type, traditional or Roth, are treated as a single account. (Of course traditional IRAs and Roth IRAs are treated separately from each other.)
‎January 12, 2023
4:48 AM