Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
>>My wife and I would both like to open Roth IRAs. Can
>>we do this in a joint account, or must we
>>each have an individual account? A joint account
>>would allow us to use an investing strategy like the
>>Foolish Four with fewer trading commissions. Is this

>Sorry, but this is not allowed. You must EACH open up
>a separate in your
> in her name.

Note that you can still achieve the desired result by treating the two accounts as a single account for purposes of your BTD portfolio, i.e., buy 2 of the F4 stocks in your IRA & buy the other 2 in your wife's.

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.