S Corporation

I had a client call if he could hold S Corporation stock in his IRA?



No. S Corporation stock may not be held by an IRA generally. There was some limited exception if the S corporation is a bank but I’m not certain that’s still available.

Only individuals and certain trusts can hold S corporation stock – if stock is acquired by another entity it could disqualify the S corporation for all shareholders.



Add new comment

Log in or register to post comments