Roth IRA and Section 4975
Question:
Section 4975 prevents a person’s traditional IRA from buying/selling an asset from/to that individual. But can a person’s traditional IRA buy/sell an asset from/to that individual’s Roth IRA?
This assumes the asset is bought/sold at fair market value. Both the traditional IRA and the Roth IRA are self-directed IRAs (i.e. in custodial accounts).
Thank you.
Submitted by stuart boren on Thu, 2010-08-19 15:41