How much can I contribute to Simple IRA and ROTH combined

- J
- Jane
  
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posted
14 years ago

Sat, Jan 9, 2010 10:12 PM

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
- Arthur Kamlet
  
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Vote on answer
posted
14 years ago

Sat, Jan 9, 2010 10:41 PM

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

- J
- Jane
  
  Contact options for registered users
Vote on answer
posted
14 years ago

Mon, Jan 11, 2010 6:17 PM

thank you.

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