The Good Financial Cents Show w/ Jeff Rose, CFP®

Ep. 180 - Can You Own Multiple Roth IRAs? (Ask the CFP®)

07.01.2022 - By Jeff Rose, CFP®Play

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If one is good - three has to be better! We are talking about the Roth IRA, specifically:    ‘Can you have more than one Roth IRA account?’   This is not a question from a reader but rather a question that I get A LOT.   The short answer is YES.   I want to give you a bit more information on why you would want multiple accounts, how to set them up, how you could manage them, and much more.   02:17 Can you have multiple Roth IRAs? 03:20 Rules and Contribution Limits 06:34 How do you set up multiples accounts 09:25 Why use multiple brokerage companies   References Roth IRA Rules and Contribution Limits for 2023 https://www.goodfinancialcents.com/roth-ira-rules-contribution-limits/ https://www.goodfinancialcents.com/ask   Check out my YouTube channel here. Follow me on Twitter and Instagram. 

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