You can have as many Roth IRA accounts as you want; there is no limit on the number of Roth IRAs you can open or hold

. However, the key point is that the total amount you contribute across all your Roth IRAs combined cannot exceed the annual IRS contribution limit. For 2024 and 2025, the total contribution limit to all your IRAs (Roth and traditional combined) is $7,000 if you are under age 50, or $8,000 if you are age 50 or older

. You can split your contributions among multiple Roth IRAs in any way you choose, but the sum cannot go beyond these limits. In summary:

• No limit on the number of Roth IRA accounts you can have.
• Annual contribution limits apply collectively to all your IRAs.
• For 2024-2025, max contribution is $7,000 (under 50) or $8,000 (50 and older).
• Income limits determine eligibility to contribute to Roth IRAs.

Having multiple Roth IRAs may increase administrative complexity and fees, but it can also offer more investment options or strategies