12-07-2006, 01:50 PM
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 Re: Another Roth Question: This One Is About DRIPs tomc5[at]netzero.net wrote: - quote - > I think this may be a new subject around here on Roth IRA - how to open
Netstock allows you to invest in DRIPs, and would also allow account to> a Roth IRA with dividend reinvestment stocks. I recall reading about > the idea (somewhere) but the article did not mention how this is done. > I know you have to be the owner of record of the stock (or stocks). > And I know some DRIP stocks allow follow-on purchases directly and not > via a broker. But I can't find out how this gets done within the IRA. > Additionally, can this be done if I wanted to setup regular biweekly > payroll deductions to buy additional stocks for the Roth IRA? > Thankyou to anyone who can explain or refer me to another discussion > about this. > Tom be charactorized as a Roth IRA. |
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12-07-2006, 09:01 AM
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| Another Roth Question: This One Is About DRIPs I think this may be a new subject around here on Roth IRA - how to open a Roth IRA with dividend reinvestment stocks. I recall reading about the idea (somewhere) but the article did not mention how this is done. I know you have to be the owner of record of the stock (or stocks). And I know some DRIP stocks allow follow-on purchases directly and not via a broker. But I can't find out how this gets done within the IRA. Additionally, can this be done if I wanted to setup regular biweekly payroll deductions to buy additional stocks for the Roth IRA? Thankyou to anyone who can explain or refer me to another discussion about this. Tom |
| Tags |
| drips, question, roth |
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