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Gains and dividends in IRA's ?
Old 05-12-2006, 08:58 AM   #1
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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
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Re: Gains and dividends in IRA's ?
Old 05-12-2006, 09:00 AM   #2
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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.
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