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New Member
posted Feb 20, 2020 3:28:41 AM

Are SIMPLE IRA cap and Roth IRA cap independent to each other?

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Expert Alumni
Feb 20, 2020 12:34:50 PM

Yes, the contribution limit for the Simple IRA is separate from the contribution limit for the Traditional and Roth IRA. Please view this IRS link to view the maximum contribution limit for 2019.