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.
How to Remove Judgments. Unlike most credit report entries, judgments can be successfully removed well before seven years has passed, but itâs going to take some work and luck on your part. Hereâs the lowdown on judgments, their status and how best to get them removed from your credit reports. [Learn More: What is a Good Credit Score]