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| Subject: Stocks in a ROTH... | Date: 1/14/2011 4:53 PM | |
| Author: Ripper14 | Number: 68252 of 101477 | |
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Pretty basic question here that I think I know the answer to, but wanted to double check to make sure I am on the right track. I currently have a ROTH IRA at Edward Jones that is invested in a series of mutual funds. I would like to start a new ROTH acct at Sharebuilder (I already have a stock account there). So here's my question...how do you actually count the contibutions to a ROTH account invested mainly in stocks? Is it when cash gets transfered into the ROTH acct, or when stocks are bought within the account? Also, if I sell stocks in a ROTH, but leave the cash in the account, that doesn't count as a "distribution", right? As long as I don't transfer cash out of that account and into another brokerage account, I can do whatever I want with the funds inside that account, correct? Thanks, ripper |
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