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Author: zgriner Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76421  
Subject: Re: REALITY CHECK TO A ROTHIRA Date: 12/10/1998 11:06 PM
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...Finally, does the $8 commission for my trades have to be included in my $2000 contribution, or can I send in $2032 since we will be buying four different stocks?

Sorry, your commission or any other expense must come out of your IRA funds. Otherwise, the extra funds used to pay the expenses are considered IRA contributions and you would be subject to penalties if you have already contributed your maximum for the year.

Zev
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