Permalink Submitted by Alan Spross on Mon, 2010-04-26 21:49
Yes, as long as the new IRA custodian provides a market for those particular mutual funds. Otherwise, you would have to sell the funds and then transfer the cash. If you provide the new IRA custodian with a copy of your statement showing the mutual funds and other holdings, they can tell you which assets need to be sold.
Permalink Submitted by Alan Spross on Mon, 2010-04-26 21:49
Yes, as long as the new IRA custodian provides a market for those particular mutual funds. Otherwise, you would have to sell the funds and then transfer the cash. If you provide the new IRA custodian with a copy of your statement showing the mutual funds and other holdings, they can tell you which assets need to be sold.