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|Subject: Can I have 2 Roth IRAs||Date: 3/3/2001 3:51 AM|
|Author: Littlebush||Number: 28235 of 81340|
I already have a Roth IRA with Datek. I just sent in my last monthly check to finish off my $2000 for 2000. (no joke)
I am considering opening another Roth IRA with Buy and Hold since I make regular monthly deposits and buy stock as soon as they clear. This would save me seven dollars per purchase, lowering my cost basis.
I do not want to close the Datek account.
Can I have two Roth IRA accounts as long as I don't go over the $2000 per year total between the two accounts?
Is this even smart?
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