Can I contribute to both a traditional IRA and a Roth IRA in the same year?

Contributions may be made to both IRAs each year as long as total contributions into both don't exceed the single maximum contribution limit specified by the IRS. The ability to contribute to a Roth IRA is also subject to income limits, and the deductibility of traditional IRAs is subject to income limits for "active participants".



Nothing contained herein is intended to be, nor should it be construed as tax or legal advice. If you have a tax question or legal question, please consult your tax professional or attorney.

Feedback and Knowledge Base

Speak With An Associate



Business Hours

7 a.m. to 6 p.m. (Central time)


Phone

(785) 438-3000
(800) 888-2461


Fax

(785) 368-1772


Mailing Address

Security Benefit
One Security Benefit Place
Topeka, KS 66636


Overnight Mailing Address

Security Benefit
Mail Zone 500
One Security Benefit Place
Topeka, KS 66636-0001