Roth IRA Question

From: Jacqueline.D.Richardson@Hitchcock.ORG (Jacqueline D. Richardson)
Subject: Roth IRA Question
Date: 01 Feb 99 15:23:09 EST

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I've never paid very much attention to the posts about Roth IRAs because I
didn't think I would ever want to do an IRA.  Therefore, could someone direct
me to a web site that gives a good overview of the Roth IRA and how it can be
set up.


What I would like to do (and probably someone here could tell me if it is
possible to do this or a variation of it) is dabble in some individual stocks
and I was wondering if I could open an IRA and either put in some existing
stocks I own (or start the IRA with cash and buy stocks within the IRA) and buy
and sell them within the IRA.  My plan would be to leave my initial investment
and (hopefully) any profits in the IRA until I retired.  If I did well my
understanding is that it would save all those capital gains I would otherwise
have to pay upon the sale of the stocks if they weren't in a Roth IRA.  Is my
thinking correct?  Is something like this possible and if so who would I see to
start a Roth IRA like this?  Do brokerage firms that sell stocks do Roth IRAs? 
(I sure wish I had of read all those IRA posts.....)


Also, do I have until April 15, 1999 to put in $4,000 (married) for 1998 and
then could I put in an additional amount for 1999? 


Thanks a lot.

j

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