The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/you-can-transfer-shares-of-stock-in-a-roth-30672383.aspx

Subject:  Re: tranfer stocks to Roth IRA Date:  5/7/2013  6:41 PM
Author:  RatioFool Number:  72211 of 75662

You can transfer shares of stock in a Roth conversion.

Only if the current Sharebuilder account is an IRA account. If the Sharebuilder account is a taxable account (which I assumed was the case, since the OP did not say "I have a Sharebuilder IRA"), it is not eligible for conversion to a Roth IRA.

Yeah, I know. I should have said the only way to transfer shares of stock to a Roth IRA is through a Roth conversion from a traditional IRA. I did quote text from IRS Publication 590 that would apply if that was the case.

Ratio ~
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us