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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: Brendan W who wrote (2197)1/3/1998 8:26:00 PM
From: TFF  Respond to of 4969
 
Oh yes you can.Usually at no cost. The securites transfered out assume the adjusted cost base of the securities transfered in.

You could have also crossed the stock between the two accounts.But why pay commissions?

Transferring is the answer.



To: Brendan W who wrote (2197)1/5/1998 3:03:00 PM
From: steve goldman  Read Replies (1) | Respond to of 4969
 
He'snot reffering to transferring, but its a matter of selling from your ira to your retail without going to the open market.

ie. The retail sells x to IRA. Rather than retail sells to market..market sells to IRA. Remember, be very careful about selling (Crossing) atrade from retail to ira.

regards
steve@yamner.com


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