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Roth IRA and DRIP's

jpr62902

Jeanclaude Spam Banhammer
SUPER Site Supporter
I gots me a question for all you investment wizards on FF.

Let's say I buy $5,000 of XYZ Co. stock that pays a 5% dividend ($250). I set that up as a DRIP and stick it in a Roth IRA. Does the dividend reinvestment count against my annual contribution limit?
 
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