You can have multiple accounts, but the combined IRA and Roth IRA contributions for a tax year can't exceed the contribution limits for that year.Here's how the IRS puts it in Publication 590, Individual Retirement Accounts:Roth IRAs and traditional IRAs.
I am not sure how much, if at all, your FICO score will increase when the judgments fall off your credit report. Although not very common, under certain circumstances a judgment that has fallen off your credit report after 7 years can reappear. In addition to the 7-year credit reporting time period (CRTP), judgments also have a statute of limitations (SOL) on enforcement of the judgment.
A satisfied judgment is the equivalent of a loan that has been paid. It has a zero balance and is no longer active, but it will remain on the credit report. A paid judgment will continue to appear on a personâs credit report for seven years from the filing date. Unpaid judgments remain for the same period of time. However, a paid judgment often will have a slightly less negative impact the older it gets, so paying it may help in the long run. Thanks for asking.