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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (50158)11/25/2012 8:58:19 AM
From: Ken Ludwig  Read Replies (4) | Respond to of 78740
 
I thought that stocks could not be transferred to a Roth from a regular IRA or a taxable account. I have been told that the stocks must be sold and the cash transfered. I have also been told that tax losses from a taxable account cannot be used to reduce taxes on withdrawals from a regular IRA. I'd like to transfer a bunch of stocks from my regular IRA to my Roth and use the tax losses from my taxable account to cover the taxes due. Is this in any way possible?
As a side note our friggin' Republican legislature and Republican governor have instituted a 4% tax on Roth withdrawals. Michigan!