UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: SeeFoolRun Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76421  
Subject: Existing stocks --> Roth IRA Date: 10/30/2007 10:21 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
I need another $1370 to max my Roth this year. Can I move stocks from a standard taxable e-trade account into my Roth (at USAA, not e-trade)?

If I can do that, how much can I move in? What the stocks are worth the day I move them or would it be how much I paid for them?

i.e. I have 100 shares of XYZ that are worth $13.70 ea right now but I paid $17.125 ea for them. Could I move 100 shares to my Roth because that would be moving $1370 worth of stock today or could I only move 80 shares because I paid $1370 for 80 shares earlier in the year?
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Looking at Currency Ratios
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement