Miles for IRA acct? [2000 - 2011]
Jan 2, 2000 | 4:41 pm
#1
Original Poster
Join Date: Dec 1999
Location: Phoenix, AZ, USA
Programs: CO Infinite Elite, SPG Plat, US Gold, MR Plat, etc
Posts: 124
Miles for IRA acct? [2000 - 2011]
Hi all,
I am going to open a Roth IRA this month, anyone know of a broker/bank offering miles for new accts?
Thanks!
I am going to open a Roth IRA this month, anyone know of a broker/bank offering miles for new accts?
Thanks!
Jan 2, 2000 | 5:27 pm
#2
Original Member
Join Date: May 1998
Location: Reno, NV (RNO)
Programs: AA LT Platinum, AS, UA Premier Silver, DL, HHonors Gold, Marriott LT Titanium, Hyatt, IHG Platinum
Posts: 4,723
I believe that IRA accounts, by law, cannot have any "bennies" like FF miles attached to them. I have never a single instance where FF miles have been available for opening an IRA.
Jan 2, 2000 | 7:11 pm
#3
Join Date: Aug 1999
Location: 1K from SMF (Home of the Kings)
Posts: 314
Can you fund it with a mileage earning VISA??
(Just wondering)
(Just wondering)
Jan 4, 2000 | 3:23 pm
#4
Join Date: Jun 1999
Location: Dallas, TX USA AA EXP Mariott Platinum
Programs: AA Gold
Posts: 124
By IRS regulations IRA's can only be funded with cash. You cannot even transfer stock into them so I would not know of a way of funding an IRA with a credit card without using a cash advance.
Dec 24, 2002 | 1:45 pm
#5
Join Date: Jul 2000
Location: Hartford, CT, USA
Posts: 155
Miles for IRA?
Does anyone give miles for opening an IRA?
Thanks!
Thanks!
Dec 24, 2002 | 2:26 pm
#6
Join Date: Jun 2000
Location: Atlanta, GA
Posts: 140
I am not certain but I do not believe incentives can be given out for retirement accouts by federal law.
Jan 28, 2004 | 9:50 am
#7
Join Date: Jun 2003
Location: GSO/CLT/RDU
Programs: AA EXP 1MM; HH Gold; Bonvoy Gold; Wynd Diamond
Posts: 229
Investment Miles for IRA?
I find myself in the position of needing to roll over a retirement account into an IRA, are there any brokerages that offer incentive miles/pts for retirement account deposits?
Jan 30, 2004 | 5:56 am
#9
Join Date: Jan 2004
Location: Louisville, KY, USA
Posts: 2,596
No. Could disqualify account.
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Louisville, KY
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Louisville, KY
Feb 21, 2004 | 11:03 am
#10
Suspended
Join Date: Dec 2001
Location: Burbank CA USA
Posts: 3,865
Traditional IRA account !
I am planning to open a traditional IRA account for this tax year. Any tips to get miles for it ? 
Feb 21, 2004 | 12:56 pm
#12
Join Date: May 2000
Programs: Ozark Airlines--Lifetime Platinum, Braniff---Diamond, Eastern--Plutonium Motel 6--Guest of the Month
Posts: 853
unlike the previous poster...who never seems to be able to just answer a question...i will answer your question without having you do further searching.
No, you cannot get any miles anywhere for opening an IRA account. IRS does not allow this.
No, you cannot get any miles anywhere for opening an IRA account. IRS does not allow this.
Feb 21, 2004 | 2:15 pm
#13
Suspended
Join Date: Dec 2001
Location: Burbank CA USA
Posts: 3,865
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by UpgradeMe:
Why search was invented:
http://www.flyertalk.com/forum/Forum1/HTML/009929.html
http://www.flyertalk.com/pasttalk/ft...ML/008082.html
http://www.flyertalk.com/pasttalk/ft...ML/003427.html
http://www.flyertalk.com/pasttalk/ft...ML/002058.html</font>
Why search was invented:
http://www.flyertalk.com/forum/Forum1/HTML/009929.html
http://www.flyertalk.com/pasttalk/ft...ML/008082.html
http://www.flyertalk.com/pasttalk/ft...ML/003427.html
http://www.flyertalk.com/pasttalk/ft...ML/002058.html</font>
FYI. I had done the search and it returned me hundreds of links which was cumbersome to follow.
Feb 21, 2004 | 7:15 pm
#14
Join Date: Jul 2002
Location: Seattle
Programs: Alaska Airlines
Posts: 1,570
why not open a Roth IRA?
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Patrick A. Inouye, LMT
volunteer trip reports moderator
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Patrick A. Inouye, LMT
volunteer trip reports moderator
Feb 21, 2004 | 7:31 pm
#15
Join Date: Mar 2000
Programs: Hy-Vee Fuel Saver
Posts: 404
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Last edited by scruffy; Apr 18, 2004 at 5:25 pm