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Message
Another Roth IRA Question
Posted on 8/2/13 at 12:38 pm
Posted on 8/2/13 at 12:38 pm
Is there a limit to how many trades one can make per year in a Roth?
Any penalties from having too many trades inside of a Roth?
Any penalties from having too many trades inside of a Roth?
5
Posted on 8/2/13 at 12:43 pm to Douglas Quaid
Why would you be wanting to make a bunch of trades?
Eta: as far as I know, there are no limitations with regards to the IRS, but I may be mistaken. Someone correct me if I am wrong.
Eta: as far as I know, there are no limitations with regards to the IRS, but I may be mistaken. Someone correct me if I am wrong.
This post was edited on 8/2/13 at 12:46 pm
Posted on 8/2/13 at 12:50 pm to Douglas Quaid
No you can do whatever you want inside of it, but you're just going to rack up commissions.
Posted on 8/2/13 at 1:37 pm to Douglas Quaid
No limits, you can trade pretty much anything too depending on the brokerage.
Posted on 8/2/13 at 1:44 pm to Douglas Quaid
quote:
Is there a limit to how many trades one can make per year in a Roth?
I'm calling it now. His $5500 contribution will be worth $2800 by year end.
Posted on 8/2/13 at 3:13 pm to Douglas Quaid
I used to trade frequently with my IRA account but that's only because it's a supplement to the 401K which is my primary retirement account.
Lately I haven't had enough time to keep up with things enough to justify it so I had to spread out my account over a few ETFs and just leave it alone.
Lately I haven't had enough time to keep up with things enough to justify it so I had to spread out my account over a few ETFs and just leave it alone.
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