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Subject:  IRA Quesstion Date:  1/27/1999  5:09 PM
Author:  Elko Number:  8138 of 105990

I have a traditional IRA that I unfoolishly let languish in a Mutual Fund for far too long. I recently requested that the firm liquidate my position and send me a check (no taxes withheld) for reinvestment elsewhere. I have opened an IRA account with a brokerage firm and intend to deposit proceeds from the sale of the Mutual Funds into that account for the acquisition of stock.
My question is this:
Must the commission(s) for stock purchased be paid from proceeds of the sale of the Mutual Funds?

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