<prompt> Human: So I have a Roth IRA, and i also have a Roth 401k with traditional 401k employer match from my old job. I want to roll over all of my 401k into my IRA.Is it good to have both a Traditional IRA and a Roth IRA? Or should I transfer over all 401k into Roth IRA?If I do have both traditional and Roth IRA, can i contribute the 5,500 limit for each, or just 5,500 in total?I am 25 yo making 68kyr with salary expecting to grow to around 100k in the futureThanks in advance!  <response>: You have to roll traditional 401k to traditional IRA and Roth 401k to Roth IRA in order to avoid any taxes or fees on the rollever. The 5500year limit applies to contributions across all IRAs, regardless of whether they are traditional or Roth, it is not a limit per account. 