<prompt> Human: Through my employer, I contribute 10 of my income to a 401K Roth IRA with Fidelity. I recently received a gift of 5,000 and decided to invest it, but with Vanguard. In my ignorance, I figured I could just have a separate Roth IRA investment with them.Apparently the 5,500 limit applies to ALL of your Roth accounts and not just to each individual one. First, how do I correct this mistake? The funds are already in the account. Second, if its possible, should I just move them to a Traditional IRA? Third, am I stupid for having investment funds with both Fidelity and Vanguard?Assistant: 401k Roth IRA... Is it an IRA or a 401k? The two terms are mutually exclusive. Since its employee sponsored, its almost certainly a 401k. Maybe a SIMPLE IRA or SEP IRA. You can contribute 18k to a 401k, regardless of Roth or non-Roth. You can contribute 5.5k to an IRA, regardless of Roth or non-Roth. The two limits have nothing to do with each other. Human: So I have a Roth 401k with Fidelity and a separate Roth IRA with Vanguard. Does that make sense?  <response>: Sure. That means you have absolutely no problem. 