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Using Stock (only)for a ROTH IRA


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Posted

Is there somewhere I can use stock only for a ROTH. I do not want Mutual Funds, and want only stocks that I like, that have a DRIP.

Please suggest somewhere, or is what I want not possible.

Thanks,

Norm

Posted

All of the brokerage houses offer Roth and regular IRA. If you expect to trade a lot, you might want to consider low cost internet stock trading. There are hundreds of options such as Schwab, Ameritrade, Etrade, DLJ, etc. I am not sure which if any support DRIP programs. Each custodian can have their own rules of what they will allow or support. Best way to find out is to make a few calls.

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