No. of Recommendations: 0
I'm setting up a Roth IRA for me and my wife. We're planning on using one of the FoolishFour strategies. We want to contribute the maximum of $4,000 this year. I've never seen it spelled out clearly but everything reads like I need to set up two accounts, one in her name and one in mine. Can anyone clear this up for me?

If I do need to set up two accounts, I suppose it would be Foolish to only buy two of the stocks in her account and the other two stocks on my account to save commission costs.

Thanks for your help.
Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.