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Traditional IRA investment?


I'm thinking of setting up a traditional IRA account鈥? I know that the maximum yearly amount I can invest is 4k, however in 2008 can I continue to invest into the same IRA account, or do I have to set up a new one (and so on for years to come)

You can open one or as many as you like. I opened one a Charles Schwab (22 years ago). I have stocks, Mutual Funds, Reits and ETF's in it. I've got great flexibility.

What ever you do;
Don't open any investment account with a Bank or an Insurance Company. Both offer high priced products offered by poorly trained Representatives.

You can continue to invest in the same IRA account.

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