Question:

Can I have more than 1 Roth IRA account at one bank?

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Can I have more than 1 Roth IRA account at one bank?

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  1. Yes, you can have as many as you like BUT you can only contribute a total of $5,000 per year to your Roth IRAs.  So you could have ten Roth IRAs and contribute $500 to each one each year.

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