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April 15, 2024
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Conversions from a Traditional IRA to a Roth

  • April 15, 2024
  • 1 reply
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Can I transfer stock directly from my Traditional lRA to my Roth or does it have to be sold first to transfer cash instead?

    Best answer by dmertz

    Roth conversions can indeed be done "in-kind."  The gross amount converted is the value of the shares at the time of the distribution from the traditional IRA.  IRA custodians will usually have a way to specify that you want the conversion to be done in-kind.

    1 reply

    dmertzAnswer
    Employee
    April 15, 2024

    Roth conversions can indeed be done "in-kind."  The gross amount converted is the value of the shares at the time of the distribution from the traditional IRA.  IRA custodians will usually have a way to specify that you want the conversion to be done in-kind.