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Author: bacon Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Re: ?'s Re: Transfer from EJ to ShareBuilder Date: 6/4/2009 8:04 AM
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We want to sell our stock in an American Mutual Fund (the IRA) and move all the funds to a self managed ING Sharebuilder Account we also have.

Suggest you check with your receiving broker--most brokers handle mutual funds anymore; many handle a broad range of funds. If your receiving broker handles the mutual fund that you have with your current broker, you shouldn't have to sell the fund shares and move the money--you should be able to move the fund shares intact.

The tax consequences of this are covered by the other respondents.

Eric Hines
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