Guest carrrottt09 Posted January 8, 2006 Posted January 8, 2006 I am curious as to whether I can transfer a mutual fund from a regular brokerage account to a Roth IRA. I can' seem to find a straight answer anywhere... I was hoping I could find some help here. Thanks.
John G Posted January 9, 2006 Posted January 9, 2006 You fund a Roth with cash. You can not transfer any other kind of assets from a brokerage into a Roth. You can certainly sell the fund, then use cash to fund your Roth. Remember, selling is a taxable event.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now