Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Gains and dividends in IRA's ?
Old 05-12-2006, 08:58 AM   #1
Dryer sheet wannabe
 
Join Date: Apr 2006
Posts: 21
Gains and dividends in IRA's ?

Now that I've stocked my brokage IRA account with dividend paying closed end
funds and a few stocks, where do the dividends go? Do they send them to the broker
to a MM fund? That's what I would hope..Or, is it possible some of these dividends
will be sent to me and I will have to send them back to the IRA..Not sure how this
works...Thanks.....
katfish is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Gains and dividends in IRA's ?
Old 05-12-2006, 09:00 AM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Mar 2003
Posts: 18,085
Re: Gains and dividends in IRA's ?

They stay within the IRA at the broker. Depending on the broker, some deposit the funds in a bank account, others in a money market.
__________________
"All animals are equal, but some animals are more equal than others."

- George Orwell

Ezekiel 23:20
brewer12345 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Capital gains distributions virginia Young Dreamers 14 05-23-2006 10:40 PM
gains and dividend reinvestment elroy FIRE and Money 22 05-13-2006 08:22 AM
Tax Reporting Reinvested Dividends km4hr FIRE and Money 24 03-23-2006 04:17 PM
capital gains tax question just_hatched FIRE and Money 5 01-31-2006 11:07 PM
When to pay capital gains for greater diversification bamsphd FIRE and Money 21 11-29-2005 01:15 PM

» Quick Links

 
All times are GMT -6. The time now is 06:20 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.