The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  IRAs and dividends Date:  5/8/1998  6:02 PM
Author:  dweiss Number:  3249 of 88758

I'm about to put some of my IRA funds into stocks and wondering about dividends the stocks yield. Can they be deposited into my IRA money market account (or put into a DRIP) without a penalty? That is, do they count as a new contribution, or are they merely returns on invested funds? If they will incur a penalty, can I put them into a DRIP that won't automatically give me more stock in the IRA?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us