Roth Ira Rules Tax
April 5th, 2009
Question: Can I have both a 403b and a Roth IRA?
I have a TSA (tax-sheltered annuity) through Fidelity (signed up for this through my job)…I was told that “TSA” is basically just another term for a 403b. I want to open up a Roth IRA also…can I do this even though I have the TSA? Are there rules/laws regarding this?
Answer: Yes; assuming you are eligible to contribute to the Roth. Annual IRA contribution limits are separate from other qualified plans.
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