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I've decided that I want to put the money for my Roth IRA into a stock that pays a great dividend, so that stock shares and the reinvested dividends grow tax-deferred. I was thinking about choosing KMI. I was wondering how I could invest in KMI as a Roth IRA and keep the dividends reinvested. I have an account with Ameritrade, and I believe that I could open a Roth IRA with them with KMI, but Ameritrade usually doesn't reinvest dividends. Can you invest directly with a company, such as a DRIP, and make it a Roth IRA and reinvest the dividends? Thanks in advance.
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