Roth Conversions in 2010
When converting from a traditional IRA to a Roth IRA in 2010, will the IRA owner be able to transfer assets in kind. Specifically if they own stocks, bonds and private placements in the traditional IRA can those be transferred to the Roth IRA without first liquidating them and then using other funds to pay the taxes?
Thanks for any input.
Permalink Submitted by Al Fry on Wed, 2008-07-02 17:57
Can be transferred in kind.