I have a regular IRA. Can I contribute to my regular IRA and also open and contribute to a ROTH as well?

posted

You can choose to split your contributions between a traditional and a Roth IRA as long as your combined contributions do not exceed the annual limits. The total limit is $5,500 (+1,000 if you are aged 50 or older).

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Why my IRA Roth contribution $4200 is excess while I am filing jointly and my spouse does not work and all my annual income is foreign income between 125K > but < 150K?

in Retirement tax questions

Expert does your taxes

Do it yourself

Resources

Support

I have a regular IRA. Can I contribute to my regular IRA and also open and contribute to a ROTH as well?

I have a regular IRA. Can I contribute to my regular IRA and also open and contribute to a ROTH as well?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

I have a regular IRA. Can I contribute to my regular IRA and also open and contribute to a ROTH as well?

Do you have an Intuit account?

I have a regular IRA. Can I contribute to my regular IRA and also open and contribute to a ROTH as well?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert