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Can I split my IRA contribution between my Traditional IRA and my Roth IRA?

Last Updated March 6, 2013

Question: 

 Can I split my IRA contribution between my two Traditional IRA and my Roth IRA?
 

Answer: 

Yes. Providing your aggregate contribution does not exceed the limit in effect for the year.  Click here for the limits. However, consider whether it is practical to do so as two sets of fees may apply.