Yes
In order to figure out how much you can contribute, and deduct, for your Simple IRA and Traditional IRA, see the link in @mhoran_psprep's answer money.stackexchange.com/a/13495/3361 It is valid for the tax year 2011. You can definitely contribute to a Roth IRA too. However, according to the IRS for the 2011 tax year : Contributions to a traditional IRA reduce your limit for contributions to a Roth IRA. Yes. An individual may make IRA contributions to both a Roth and a Traditional IRA, providing the combined contribution total does not exceed the contribution limit for the year.  Instructions. Understand the contribution limits for an IRA for the year in which you wish to contribute to both a Roth IRA and traditional IRA. Starting in 2008, you can contribute up to $5,000 to an IRA. If you are over 50 years of age, you can contribute an extra $1,000. Meet the requirements for contributing to an IRA in general.  Can I make a contribution to both a Traditional IRA and a Roth IRA? If you meet the eligibility requirements for both Traditional and Roth IRAs and you want to open both, you may. However, your total contribution between both accounts can only be $5,500, unless you are age 50 or older, and you can contribute $6,500.  A Roth IRA is an IRA that, except as explained below, is subject to the rules that apply to a traditional IRA. You cannot deduct contributions to a Roth IRA. If you satisfy the requirements, qualified distributions are tax-free. You can make contributions to your Roth IRA after you reach age 70 ½. You can leave amounts in your Roth IRA as long as you live. A: Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits.  If the Retirement Plan Box on your Form W-2 is checked, then you are an active participant. If you are an active participant, you can take a tax deduction for a percentage amount, up to 100%, of your contribution, depending on your income and filing status. You can definitely contribute to a Roth IRA too. However, according to the IRS for the 2011 tax year : Contributions to a traditional IRA reduce your limit for contributions to a Roth IRA. There is a chart in Publication 509 from the IRS that lets you figure how the Roth IRA contribution will affect your traditional IRA contribution limit ...but your total contributions to all over your IRAs can not exceed $5000 ($6000 if 50+ years old). For example: You can put $3000 in a Roth and $2000 in a Traditional. Edit: As you are over 50, you can contribute $6000 in total to all of your IRAs. You can not contribute $6000 each to both the Roth and the Traditional. For example, if you can contribute $5000 to an IRA (without contributing to a Roth IRA) and you can contribute $5000 to a Roth IRA (without contributing to a traditional IRA), then you can contribute $2500 to each, or $2000 to each, or $2000 to one and $3000 to the other, but you cannot contribute $5000 to each. For 2015, you can contribute the maximum $5,500 to a Roth IRA ($6,500 if you are age 50 or older by the end of the year) if you are single or the single head of a household and your modified adjusted gross income (MAGI) is less than $164,000. You may make a partial contribution to a Roth IRA if you are single and your income is between $116,000 and $131,000 or if you are married filing jointly and your income is between $183,000 and $193,000. You can’t contribute to a Roth IRA if your income is above those levels.
http://money.stackexchange.com/questions/13491/if-i-have-a-simple-ira-can-i-also-contribute-to-a-traditional-ira-and-or-roth-ir http://www.investopedia.com/ask/answers/03/081503.asp http://www.ehow.com/how_4421149_contribute-both-roth-ira-traditional.html http://www.buyandhold.com/bh/en/retirement/qa/roth_ira.html https://www.irs.gov/retirement-plans/roth-iras http://www.investopedia.com/ask/answers/081414/can-i-contribute-roth-ira-and-still-participate-my-employersponsored-retirement-plan.asp http://money.stackexchange.com/questions/13491/if-i-have-a-simple-ira-can-i-also-contribute-to-a-traditional-ira-and-or-roth-ir https://answers.yahoo.com/question/index?qid=20100817083002AA8ysru http://www.rothira.com/what-is-a-Roth-IRA
can i contribute both roth ira and traditional ira