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Nice salary man! Want to adopt a 53 year old, slightly balding son?

I believe one of the real experts answered this question in just the last day or two. If my failing memory serves me right, you cannot transfer stocks from a non-qualified plan into a qualified plan. You have to sell and deposit in cash.

Your strategy of buying great stocks and just holding on might prove to be just as good if not better than depositing after tax money into a traditional IRA. Of course, if you sell once or twice then the IRA will be the better choice.

Also, watch those transaction costs. Commissions + spreads can eat your lunch, particularly on smaller dollar amounts. Spreads alnoe can easily run up to 1/2%. Trade once a month, and you might as well buy an index fund (which is not such a bad idea.)

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