Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next
Author: LasVegasFool One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122553  
Subject: Re: Esoteric Roth IRA Issue Date: 3/7/1998 7:06 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
>>
Generally that's right -- in fact, I was going to post the same comment. But it occurs to me there are
a few situations where you might take stock out of a Roth IRA. For example, following the death of
the original owner there are distribution requirements. And you can't use IRA assets as security for
a loan, but you can use stock that you own directly. It's not a question that's likely to come up
often, but when it does we should have a better answer than the law provides now.
<<

On death at least, you get a stepped-up basis value anyway, thus rendering the question moot I would think.
You do have a case about a loan, though, although it would make for a rather steep price for the loan--I seriously doubt it would ever be good economics.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (12) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
Kiddie Card Board
Should kids have their own credit card?
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:
Saul's Investing Discussions

INBK Q1 2015 Earnings Analysis
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 Glassdoor #1 Company to Work For 2015! 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