Gains and dividends in IRA's ?

[katfish]

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.....

 

[brewer12345]

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.