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Subject:  Re: value basis for securities added to IRA Date:  2/4/1999  1:18 PM
Author:  gp703 Number:  8339 of 104348

<The minimum initial deposit is just $1,000 ($2,000 for margin accounts) in cash or securities. If you are not ready to open and fund an account, sign up for a free membership. >

In this case, E*trade is talking about transferring securities from another IRA or qualified retirment plan. You can't open up an IRA and give them securities -- it has to be in cash.

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