passinby
Jan 27 1999, 11:29 PM
The answer has gotta be "No" but here's the question. Can I fund my newly created Roth IRA with stock shares? If so, am I allowed to do so on the BASIS price of the share (what I paid for it), or do I have to use the price of the share as of the day of funding. If the day of funding, do I use the closing price, or can I use anything in that day's trading range?
passinby
Jan 27 1999, 11:34 PM
Shoulda read the posts over the last 20 days first. Sorry to waste your time. The answer is: cash only, as the new account is not a rollover.