IRA expenses part of contributions, or separable?

From: Stephen Brodeur <sbrodeur@primeon.com>
Subject: IRA expenses part of contributions, or separable?
Date: Thu, 06 Aug 1998 20:19:25 -0400

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I'm probably going to start a Roth IRA this year. 
My retirement funding rate is now a mere shadow of its former self after a
job change, 
and I like the idea of starting the 5 year Roth clock ticking. 
I'll probably open the account with an online discount broker.
I have two questions for the group.
I plan to hold mutual funds and/or stocks. Any broker recommendations?

Are there any expenses (commissions, annual fees, service fees) related to
the account that I can pay 
with  "non-contribution" cash- that is, can I buy $2000 worth of stock in
the account with my annual 
contribution, and pay for the commission with additional money out of
pocket?  

I suspect that I can't get around the "commission bite", and it's probably
small money in the long term, 
but even a $20 commission on a $2000 trade is a 1% "front end load" on the
investment. 

Thanks in advance.
- -Steve




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