Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
[[Can an IRA be put in any type of account, including a brokerage account? are there any special
hoops to jump through to make a brokerage account an IRA account?]]

Well, I won't go so far as to say ANY type of account.(there are restrictions on the investment vehicles for IRA funds) But the funds can certainly be placed in a brokerage account and used to invest in stocks and bonds on a cash basis.

The only "hoops" that you should have to jump through to open a brokerage account for your IRA would be to complete the IRA rollover application. You broker will be happy to lead you through those hoops.

TMF Taxes
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.