<prompt> Human: I always understood them as 2 separate limits. So I could contribute 5500 to a Traditional IRA, and another 5500 to a Roth, for a total of 11,000.I contributed 1000 to my Traditional IRA on Vanguard and now its saying I only have 4,500 left that I can contribute to my Roth. Is this correct or is there an error with Vanguard?Thanks  <response>: You have an IRA limit, not separate limits for roth vs traditional. Same goes with 401k limits. If you have contributed more than 5500yr before, you need to get that fixed ASAP, as there are penalties for over contributing. 