The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Can I have 2 Roth IRAs||Date: 3/3/2001 3:51 AM|
|Author: Littlebush||Number: 28235 of 81634|
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?
|Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|