quick question about IRAs

[Oscar1613]

as i understand it, theres a $4000/year total contribution limit for all your IRA accounts. does this include contributions to a SIMPLE IRA or just traditional/roth?

 

[hiromizu]

I believe it's all IRAs but excludes 401k contributions.

 

[Oscar1613]

i did a little more research and it seems SIMPLE has separate limits from roth/traditional

 

[h8red]

Originally posted by: Oscar1613
i did a little more research and it seems SIMPLE has separate limits from roth/traditional

So you can contribute $15.5 in a 401k + $4K in a roth/traditional + $x into another this year?

 

[Roguestar]

They claim to be resorting to resolving the northern irish conflict through peaceful activisim and non-violent political means now, which is always a good thing.