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As long as the money is still in the associated cash account (i.e., money market) and not already in the IRA, you can do whatever you want with it.

I don't think many people would agree with that statement

why not? are you saying I can't do whatever I want with the money I have in a brokerage's money market acct or am I missing something? please explain.

You probably just mis-read this part of the original post, which said:
I've set up a regular brokerage account as well as a Roth IRA at
etrade. In my Roth IRA, I put in my $2,000 for Y2K contribution,
and so far this year, I've put in about $385.
Your statement would have been OK, if the money were actually just in a MMA, but it isn't -- it's evidently in a MMA, but it's already in the Roth IRA. Two points:

(1) susana901 is free to transfer the funds to a Roth IRA account at another firm, whether the funds are sitting in a MMA or have been invested in stocks, mutual funds, etc. (Commissions and fees could be a problem in the non-MMA case, but there's no prohibition against moving the funds to another firm.)

(2) Since the money is in a Roth IRA, it's important to either leave it at etrade or move it to a Roth IRA elsewhere, if susana901 wants to be able to contribute the maximum of $2,000 for the year -- in other words, susana901 can't just "do whatever" with the funds.

As I say, you just probably mis-read that part of the original post.

Phooley in Phoenix
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