Roth IRA and Deductible IRA

From: maxim.f.basch@bellatlantic.com
Subject: Roth IRA and Deductible IRA
Date: Mon, 13 Mar 2000 10:33:19 -0500

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I am an employee covered at work by a qualified retirement pension plan
(separate from my 401K), while my wife is not.
Since we meet the income criteria (under $150,000 annual income), I will deposit
an additional deductible 2,000 in my wife's IRA. I have the following two
questions:
1. Can I deposit an additional $2,000 in my own deductible IRA?
2. Can I, and my wife, take an additional $2000 each, and deposit in the Roth
IRAs?



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