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From: johnl@ima.UUCP (John R. Levine)
Newsgroups: net.invest
Subject: Re: Question on Rollovers
Message-ID: <177@ima.UUCP>
Date: Tue, 1-Apr-86 11:10:51 EST
Article-I.D.: ima.177
Posted: Tue Apr  1 11:10:51 1986
Date-Received: Tue, 1-Apr-86 21:12:01 EST
References: <4436@ut-sally.UUCP> <122@sally.UUCP>
Reply-To: johnl@ima.UUCP (John R. Levine)
Distribution: na
Organization: Javelin Software Corp.
Lines: 13
Summary: is it legal to put stock directly into your IRA?

Can you roll stock over into an IRA?  I rolled over a cash pension distribution
a few years ago into a self-directed stock IRA, and at the time while reading
all of the fine print I got the distinct impression that you can only transfer
cash into and out of an IRA.

Am I wrong?  Has anybody actually moved stock into an IRA without selling it,
moving in the cash, and repurchasing it?  Facts only, please.
-- 
John Levine, Javelin Software, Cambridge MA +1 617 494 1400
{ decvax | harvard | think | ihnp4 | cbosgd }!ima!johnl, Levine@YALE.ARPA

The opinions above are solely those of a 12 year old hacker who has broken
into my account, and not those of my employer or any other organization.