<<<Do you guys know of a way to pay commissions for trades within an IRA from another source? I'd like to pay the fees with unsheltered $$. Is it a federal restricion that ira commissions come out of the ira $$ ?? Do they consider the commision a contribution?>> This question comes up often in both this folder and in the Tax Strategies folder. The answer from all of the resident experts is: you pay your commissions from within the IRA; there is no way to pay the commissions from outside the IRA. Any additional monies added to the IRA would count as a contribution (and yes, it is part of the law).>As far as I know, there are about two ways around this. One is to get an account that charges no commissions (usually such accounts have large minimum account sizes) and the other is the late, lamented, K.Aufhauser investment club, where you paid $800/year fixed account fee and traded free (subject to various rules). This was a fee, not a commission, so it could probably be deducted as an IRA fee and not a commission. I do not know if any other broker offers such a plan. You would need to do sufficient trading that the fixed $800 annual fee is less than the commissions you would otherwise pay.
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