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Subject:  Gradual Deposits in a ROTH Date:  1/24/1999  2:22 PM
Author:  skibum73 Number:  8075 of 102337

My online broker was unable to answer these few questions:

1) Is it possible to put money into an existing Roth IRA account on a monthly or quarterly basis? (I just opened my new Roth account for 1998 with $2000 and I now want to start adding for 1999 but I dont have the full $2000.)

2) If I sell the stocks in my account do I have to buy new stocks immediately or can I keep that amount in cash until I decide what new stocks to buy?

3) Do I have to open a new account for each individual year in my Roth? (ie seperate accounts for 1998, 1999, 2000....etc) Or is it acceptable (legal) to have one account only?

Any help is greatly appreciated,

P.S. Thanks for your help with my last question TMFPixy
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