Ask Doug

Are There Any DRIP Stocks that Offer IRAs?

Q. Are there any DRIPs that offer Education, Roth or personal IRAs?

A. Here's a short list of companies that offer IRAs. Some offer Education IRAs and Roth IRAs, too. I'd list the Roth & Education IRA companies, but there are likely some more who have added those options recently and I don't want to leave anyone out. But this is the list that you should start from -- DRIPs with IRAs are the most likely candidates to offer Education & Roth IRAs.

  • Allstate Corp.
  • American Electric Power
  • Atmos Energy Corp.
  • Blue Chip Value Fund, Inc.
  • Campbell Soup Co.
  • Connecticut Water Serv.
  • Exxon Mobil Corp.
  • Fannie Mae
  • Ford Motor Co.
  • Hershey Foods
  • Interchange Fi. Services
  • Intimate Brands, Inc. Lucent Technologies Inc.
  • McDonald's Corp.
  • MidSouth Bancorp, Inc.
  • OGE Energy Corp.
  • ONEOK Inc.
  • Philadelphia Suburban Corp.
  • ProLogis Trust
  • Reliant Energy
  • SBC Communications
  • Sears, Roebuck and Co.
  • South Finl. Group, Inc. (The)
  • Thornburg Mortage Asset
  • UtiliCorp United
  • Verizon Communications, Inc.
  • Wal-Mart Stores
  • Washington REIT
  • Wesbank Corp