No. of Recommendations: 1
Do the custodial fee's to maintain a Roth IRA count towards the $2000 annual contribution? How about trading cost's?

No and yes, respectively. You can pay annual fees from additional funds and take a miscellaneous itemized deduction on your Schedule A. I would suggest, instead, that you find a custodian that doesn't charge annual maintenance fees. There are lots of them.

Trade commissions are part of the cost of the investment and must be paid from funds within the IRA. You are limited to $2,000 in annual contributions to the IRA.

You'll find both issues discussed in IRS Publication 590.

Phil Marti

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