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Charles Schwab stock ?

Posted on 1/28/24 at 6:45 pm
Posted by Stamps74
Member since Nov 2017
630 posts
Posted on 1/28/24 at 6:45 pm
Have all my stock with this company under designated beneficiary individual. Recently added more stock and thought I did same but just saw added stock is under Roth contributory IRA. Will this affect me negatively? Do I need to change this to DBI? If so, how do I move my current stock ? Thx.
Posted by amgslg
Member since Jun 2014
321 posts
Posted on 1/29/24 at 7:03 am to
Your post is not very clear but if you are saying you accidentally deposited money in a Roth account that you intended to deposit in your taxable investment account … then call the Schwab 1800 number. They can probably transfer it for you if you do this asap. Or you could just count it as your 2023 contribution?
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 1/29/24 at 7:45 am to
Call Schwab and find out what you have. You don’t seem to understand it.
Posted by Stamps74
Member since Nov 2017
630 posts
Posted on 1/29/24 at 3:51 pm to
I buy stocks like lowes & carnival. I always buy the stock under the DBI tab. In my latest round of buying stock, I accidentally bought it under the Roth contributory IRA tab.

Asking if that makes a difference negatively
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