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Re: OT - IRA Roth contributionI would advise your talking to a financial expert in transferring shares from a tax deferred IRA to a tax free Roth IRA. The amount transferred out of your IRA will be taxable in the amount of their worth on the date of transfer regardless of actual cost. You may be required by your financial institution to actually sell the shares and reinvest the proceeds into your Roth. You can then repurchase those shares with the cash from the sale that was deposited. Remember you only have so many days to rollover from your IRA to your Roth IRA , I believe it is 60 days. |
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| Msg # | Subject | Author | Recs | Date Posted |
| 208442 | Re: OT - IRA Roth contribution | Karl.B | 0 | 6/4/2023 1:14:51 PM |
