Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.59

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3:59 PM EST

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To: jmac who wrote (7059)	1/1/1997 5:15:00 PM
From: Daniel Fisher	of 186894

Take my word for it you can take securities instead of cash. Either the brokerage firm can ship out the certificate or transfer the shares to a non-ira account. What you do is note on your ira distribution form that you want shares not cash (the form should even have a spot for that) and note if you want them in another account or to ship out. You would have to have some cash in addtion to the shares if you're under 59-1/2 because of withholding, but you could replace that cash using the 60 day rule and figure it in at tax time. Because of the trustee issues of an IRA you could not have a certificate for shares owned in an IRA and that really has no bearing.

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