Ira Limits

I have a Roth IRA and SIMPLE IRA sponsored an employee. I do my maximum contribution to Roth IRA each year. I also want to make a maximum contribution to my simple, because he is a correspondent of the company. The SIMPLE IRA state limit of $ 10,000 / year max contribution, and the Roth is much less than that for my tax bracket. The contributions of these 2 types of IRA addendum regarding the limits? Or are the annual limits treated separately?

Wav, no response to 5 days! It seems that this is difficult question or topic is not popular! :-) Allow me to fight against it.

Short answer: Yes, Roth IRA and SIMPLE IRA contributions are considered as independent of each other.

Check this link for detailed information:
http://www.theusefulinfo.com/finance/200 ...

Infoman-
No legal advice.