I have a 2014 Roth IRA with 5,600 in VTSMX. I want to start my 2015 IRA, also in VTSMX, but I want this years IRA to be traditional. My plan was to reallocate my VTSMX IRA ($3,000 minimum to open) into a VTSAX IRA ($10,000 minimum to open) once I got $10k in there because VTSAX has a lower expense ration for basically the same fund. You can probably see where I am going with this, can I meet the $10k minimum to open VTSAX if $5k is in a Roth and $5k is in a traditional IRA or does it have to be in the same account?
I don't want to recharacterize my 2014 Roth IRA because I was in a lower tax bracket in 2014 and I already filed my taxes. This year I want to defer as much taxable income as possible.