Can I split my IRA contribution between my two Traditional IRAs?
Last Updated April 2, 2009
Question:
Can I split my IRA contribution between my two Traditional IRAs?
Answer:
Yes. Providing your aggregate contribution does not exceed $4,000, or $5,000 if you are at least age 50 by year-end. However, consider whether it is practical to do so as two sets of fees may apply.