Conversions from a Traditional IRA to a Roth
Can I transfer stock directly from my Traditional lRA to my Roth or does it have to be sold first to transfer cash instead?
Can I transfer stock directly from my Traditional lRA to my Roth or does it have to be sold first to transfer cash instead?
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.
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