The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/i-made-my-first-roth-ira-contribution-in-tax-year-11884906.aspx

Subject:  Re: Roth IRA--Two Accounts Date:  1/27/2000  11:11 PM
Author:  pavalos Number:  18350 of 76237

I made my first Roth IRA Contribution in tax year 1999. Now I want to make another 2000 contribution, but I would like to do this with a different broker. Does anyone know how having my Roth in two separate accounts will affect me, if at all? Specifically, how will it impact my vesting towards the five years needed before a withdrawal for a first home?

One thing you might consider is that you'll have to pay commissions on both accounts if you want to do any trading.

--Pete
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us