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SGallimore writes:

If I contribute $2000 to my newly created Roth IRA then choose a stock plus commission equally less then $2000 I have a balance in the money market.

1. when can I use that to purchase more stock
2. if my $2000 has already earned interest before I purchased stock how much of the 2005 total can I use for purchasing.


I reply:

The answer to your questions is, "As much as you want, whenever you want to." Once you have your $2000 contribution safely tucked away within your IRA, you may (with a few exceptions) invest it and its earnings as you please when you please, and trade as often as you like (until commissions grind you down to $0, anyway). --Bob
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