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Subject:  (stupid) IRA contribution question Date:  2/11/2004  11:19 AM
Author:  jennynoel Number:  39157 of 90134

In June of 2003 I opened an IRA with $2k. Now I want to put in the remaining $1k before the deadline.

My stupid question is: do the fees I pay to buy stocks/funds in my IRA count as part of the $3k limit? If I want to invest the $1k in an index fund with a $1k minimum, can I deposit an extra $x just to cover the brokerage fee?

I'm guessing no, but it can't hurt to ask, right?

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