Multiple IRAs: Why it sometimes makes sense to own more than 1 IRA

4 min read

One IRA is good, but more than one can be even better.

There is no limit on the number of individual retirement accounts that a person can own. True, much of the conventional financial advice suggests that you roll multiple IRAs into one, mostly because keeping tabs on one is easier than managing a whole herd. But sometimes there are good reasons to spread your retirement savings around.

Here are 7 reasons to have multiple IRAs to further your retirement savings and your estate planning goals.

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