How much can I contribute to Simple IRA and ROTH combined

Jan 09, 2010 2 Replies
J

I know that I can contribute $6000 to a ROTH for 2010. I am 64 and my income is far below the upper limit.



Can I also contribute to an IRA, deductible or otherwise? If so, how much?



I earn $26000 a year in salary.



thanks


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A

You can contribute to both traditional IRA and Roth IRAs provided the total amount of annual contribution is not more than $6,000.

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