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Hi--
I currnetly have a Roth IRA for 1998 with DLJ direct..at the time i opened the account I was not aware of the 35 fee...So- now I want to contribute for 1999 and would rather open with Waterhouse since there is no fee...Can I do this or do I have to stay withe same broker? ( ps...i am not transferring the 1998 acconut only because they charge a $75 termination fee)


thanks

debbie
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Debbie asks:

<<I currnetly have a Roth IRA for 1998 with DLJ direct..at the time i opened the account I was not aware of the 35 fee...So- now I want to contribute for 1999 and would rather open with Waterhouse since there is no fee...Can I do this or do I have to stay withe same broker? ( ps...i am not transferring the 1998 acconut only because they charge a $75 termination fee)>>

Sure. You may open separate IRAs with as many providers as you wish. If you prefer to make your 1999 contribution with Waterhouse, then there's absolutely nothing to preclude you from doing so.

Regards...Pixy
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No. of Recommendations: 0
I currnetly have a Roth IRA for 1998 with DLJ
direct..at the time i opened the account I was not
aware of the 35 fee...So- now I want to contribute
for 1999 and would rather open with Waterhouse
since there is no fee...Can I do this or do I have to
stay withe same broker? ( ps...i am not transferring
the 1998 acconut only because they charge a $75
termination fee)


Question.

Is the $35.00 charged every year?
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