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Non-Tech : Waterhouse Securities -- Ignore unavailable to you. Want to Upgrade?

To: Thean who wrote (436)3/31/1998 8:33:00 PM
From: VincentTH  Read Replies (2) | Respond to of 2076
 
Your broker has no choice but create 2 accounts, once called Conversion Roth, the other Contribution Roth. That's the law.
We will be able to merge the 2 in 5 years.



To: Thean who wrote (436)3/31/1998 8:54:00 PM
From: dumbmoney  Respond to of 2076
 
<< My question for you all is do you know if this is a universal practice among all brokerage firms or is it just Waterhouse? >>

It's more or less universal. Some will bend the rules if you are willing to accept the esoteric legal complications that could result.

Yeah, it sucks.


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