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I am trying to open a Roth IRA. I hoped to try out one of the dow dividend approaches this year. I wanted to contribute $2000 for 1998 and $2000 for 1999, as to minimize the effect of commisions.

I have heard conflicting stories about when I can and can't fund for 1999. E-trade said "send us the money and we'll get you started immediately"

I don't see how this is possible. How can I make a 1999 contribution in 1998. If this is possible, why couldn't I send $50,000 ($2000 for the next 25yrs.) :)
I know, that's just silly. Exactly my point.

How is the tax man going to view all this.
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