Comments on: 2010 Roth IRA Contribution – Check http://seejanegetrich.com/2010/01/2010-roth-ira-contribution-check/ A Personal Finance Blog Tue, 31 Aug 2010 05:20:49 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: MoneyReasons Weekly Review 2010, Jan 17 | Money Reasons http://seejanegetrich.com/2010/01/2010-roth-ira-contribution-check/comment-page-1/#comment-3761 MoneyReasons Weekly Review 2010, Jan 17 | Money Reasons Sun, 17 Jan 2010 05:24:37 +0000 http://seejanegetrich.com/?p=409#comment-3761 [...] SeeJaneGetRich - has a great article on her Roth IRA contribution for 2010.  Her question was why couldn’t the transaction fees be separate from the Roth Account? See her article from more information, it’s called 2010 Roth IRA Contribution – Check [...] [...] SeeJaneGetRich - has a great article on her Roth IRA contribution for 2010.  Her question was why couldn’t the transaction fees be separate from the Roth Account? See her article from more information, it’s called 2010 Roth IRA Contribution – Check [...]

]]> By: me in millions http://seejanegetrich.com/2010/01/2010-roth-ira-contribution-check/comment-page-1/#comment-3196 me in millions Thu, 14 Jan 2010 15:27:55 +0000 http://seejanegetrich.com/?p=409#comment-3196 I have to get my act together on my Roth. I don't think I contributed last year at all, but I did 2 years ago. I still have about $5,000 in there though. I have to get my act together on my Roth. I don’t think I contributed last year at all, but I did 2 years ago. I still have about $5,000 in there though.

]]> By: Don@MoneyReasons http://seejanegetrich.com/2010/01/2010-roth-ira-contribution-check/comment-page-1/#comment-3114 Don@MoneyReasons Thu, 14 Jan 2010 02:22:30 +0000 http://seejanegetrich.com/?p=409#comment-3114 WOW! What a clever question you had about the Roth IRA trading transaction fees! I never thought about that, but it makes perfect sense to remove the transaction fee from the roth money (since it's not taxed in the Roth, so the cost basis isn't really relevant)!!! Hmmm, I don't see why one would have to use the money in the roth for the transaction fees... and what if you had 100+ trades per the year, then that could really add up (not advisable). With individual accounts, the transaction fee is part of the cost basis, but in a roth, that's not relevant... Hmmm... I wonder what the law states around that area. I'll have to ask around to see what my friends at work think about this. If your idea was legal and I was a brokerage company, I would pursue this as an optional policy. Good thinking! 25 virtual hand claps for you! :) WOW! What a clever question you had about the Roth IRA trading transaction fees! I never thought about that, but it makes perfect sense to remove the transaction fee from the roth money (since it’s not taxed in the Roth, so the cost basis isn’t really relevant)!!!

Hmmm, I don’t see why one would have to use the money in the roth for the transaction fees… and what if you had 100+ trades per the year, then that could really add up (not advisable).

With individual accounts, the transaction fee is part of the cost basis, but in a roth, that’s not relevant…

Hmmm… I wonder what the law states around that area. I’ll have to ask around to see what my friends at work think about this.

If your idea was legal and I was a brokerage company, I would pursue this as an optional policy.

Good thinking! 25 virtual hand claps for you! :)

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