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Roth IRA possibility


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Guest colpatrick
Posted

Some companies allow purchase of their stock directly in a Roth IRA at no cost.

I am familiar with Atmos Energy and Philadelphia Suburban, an H2O company.

I'm looking for other possibilities. Can you name any other companies and share them with the board? Thanks.

I checked several oil companies and they do have IRAs, but most charge $10-20 per year handling charges.

Those "small" charges add up over time if you have several.

Posted

The fact that you can save a commission on a stock should NOT be a major factor in including it in a Roth. That is penny wise and ..........

Besides you could end up with a whole lot of small accounts which could all of a sudden start charging fees not so small in relation to your balances.

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