Re: IRA certificates

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jmreport

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Re: IRA certificates

in response to

IRA certificates

KHelrich

posted on Jul 21, 2008 09:48AM

Hi KH...you can get IRA certs delivered to you without tax liability. The certs read in your name for IRA trust (or some such title). You can also put the certs into "safe keeping" which is $50 per stock per year and those are kept by the broker. That's the deal with Schwab.

Since Jim Sinclair wants a separation from the financials, I chose to receive the certs rather than the "safe keeping" avenue.