IRAs - Traditional

IRA - Transfer stock and get an IRA contribution

Contributions to IRAs must be made by cash. Checks and wired funds are considered to be cash. You may be eligible to borrow the money from the brokerage house against your stock. This is called margin. In this way you do not have to sell the stock and you can still fund your IRA.

Need Professional Help?

If you need help with "IRAs - Traditional" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.