Is it allowable to transfer stock into a Roth IRA, or must it be a cash deposit?Thanks,Sam
Greetings, Sam, and welcome.<<Is it allowable to transfer stock into a Roth IRA, or must it be a cash deposit?>>If the stock is within a traditional IRA or another Roth IRA that is being rolled into the Roth, then it may be done. Otherwise, the answer is no. Annual contributions may be cash only.Regards....Pixy
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