The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Tax on Roth IRA Asset Transfer Date:  1/10/2000  7:24 PM
Author:  Alteno Number:  17620 of 88541

Is a transfer of all or part of the assets in an existing Roth IRA to another one taxable? I assume no. For example, if a guy currently has an IRA invested in an index fund but then decides to open a discount brokerage Roth IRA to start investing "a la Foolish Four with some of the assets in the current IRA, will there be any tax consequences to this? Any comments welcome.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us