Guest passinby Posted January 28, 1999 Posted January 28, 1999 The answer has gotta be "No" but here's the question. Can I fund my newly created Roth IRA with stock shares? If so, am I allowed to do so on the BASIS price of the share (what I paid for it), or do I have to use the price of the share as of the day of funding. If the day of funding, do I use the closing price, or can I use anything in that day's trading range?
Guest passinby Posted January 28, 1999 Posted January 28, 1999 Shoulda read the posts over the last 20 days first. Sorry to waste your time. The answer is: cash only, as the new account is not a rollover.
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