Author Topic: Accidently opened roth ira for 2014 when I wanted traditional...  (Read 1781 times)

jennifers

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Accidently opened roth ira for 2014 when I wanted traditional...
« on: November 01, 2014, 09:30:50 AM »
For some reason I thought I could contribute 5,500 to both a Roth and traditional IRA in the same year.  I opened a Vanguard Roth IRA a few weeks ago.  Does anyone know if i can change this to a traditional IRA without paying a bunch of fees?  I feel so dumb. 

GGNoob

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Re: Accidently opened roth ira for 2014 when I wanted traditional...
« Reply #1 on: November 01, 2014, 09:32:41 AM »
Probably best to contact Vanguard to see if they can change the account and contribution type.


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Johnez

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Re: Accidently opened roth ira for 2014 when I wanted traditional...
« Reply #2 on: November 01, 2014, 04:25:42 PM »
I thought the same thing, was sadly disappointed.