Roth IRA

Here’s a summary of the main issue and solutions discussed in the post: Main Problem: The user, Stimpy, is unable to set up dividend reinvestments (DRIPs) for specific equities in their Inherited IRA account at Fidelity, a feature available in their other accounts and at other brokerage firms like Schwab. Solution Discussed: Fidelity representatives indicated…

Here’s a summary of the main problem and solutions discussed in the conversation: Main Problem: The user is unsure if Fidelity can provide the contribution amounts versus earnings for their Roth IRA that was rolled over from another brokerage after leaving a previous employer. Solution Offered: Fidelity indicated that transfer of assets does not include…

Here’s a summary of the main problem reported by the user and the solutions discussed: Main Problem: The user is uncertain about the tax implications of withdrawing contributions from their Roth IRA, especially due to the label “EARLY DIST NO EXCEPT” on their account activity. Solution: FidelityAidan confirms that annual contributions from a Roth IRA…