svgleeson

mo34 Wrote:
-------------------------------------------------------
> Related question to the tax experts:
>
> Can you have both a Roth and a regular IRA and put
> the max in both ?

No, under current tax code there's a max total for both

> I understand that the max for a
> Roth is 16500 this year and about 6000 for an IRA,
> can we have both deducted ?

$16,500 is the max for Roth 401(k) and elective deferral cap. That's different from a Roth IRA.