Can you invest money in a traditional IRA and a Roth IRA at the same time?

yes.

Yes, of course!

Yes, they are entirely different.

Yes, indeed, and because there are annual limits on how much you can contribute to different types of account, it makes sense to do so if you can afford it! (You should also max out any 401(k) you are eligible for up to the company match!)

Yes, but the total contribution can not exceed IRS limits. You don't get to double your tax advantaged contributions by using two IRAs.

Yes, but I would ask why you would?

If you are not on a 'bubble', to where a traditional will not drop you into a lower tax bracket, fund the ROTH with mutual funds, and look into a variable annuity, equity indexed annuity, or ETF possibly.

A Trad will do the same thing, but will give you a tax deduction at the end of the year, if it will help you any.

Hi, i recommand you a good and basic tutorial for investing. it covers all Issues related to your Investing and everything around it.

http://www.investingtutorial.info/

wish it will help you.

Good Luck , Best Wishes!

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