Hello,

My spouse has two plans at work, a 414(h) and a 457(b). She has maxed out her contribution to the 414 and is only doing a small amount to the 457.

She also has a Roth IRA at Vanguard that she is maxing out this year.

I am not working at this time and may not go back to work.

She was recently put into the position of interim executive director where she works. This included a large pay raise. It is likely she will hold this position until it is filled, as which point she may retire. It will take upwards of 6 months to a year to fill the position.

Can she also have an IRA in addition to the Roth with Vanguard? Would the contributions be pretax? We would prefer to use an IRA with Vanguard vs. maxing out the 457 due to the 457 having mutual fund options with high Expense Ratios. However if that is our only option then maybe we go that way.

Best wishes,

Me....


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