Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0

IRAs (Roth and traditional both) are cash-in, cash-out. You can not deposit a stock certificate directly into an IRA (unless you are talking about a 401k->IRA or IRA->IRA rollover).

You'd need to sell the stock, put the money into the (Roth) IRA and then buy the stock back inside the IRA. And the cap on IRA contributions is $2000 for this year; it'll be $3000 next year.

Good luck,
Print the post  


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.