I have an inherited IRA (non-spousal) that has a thinly traded bond that matures in 2033. I am required to liquidate the inherited IRA before then. Therefore I will have to sell the bond or transfer it in kind (taxable event) to my brokerage account.
I do not want it in my taxable brokerage account, but I wouldn't mind having it in my traditional IRA.
Question: Can I sell it in my inherited IRA and buy it in my traditional IRA? If so, how? Both IRAs (inherited and traditional) are at Fidelity.
--vtMaps
I do not want it in my taxable brokerage account, but I wouldn't mind having it in my traditional IRA.
Question: Can I sell it in my inherited IRA and buy it in my traditional IRA? If so, how? Both IRAs (inherited and traditional) are at Fidelity.
--vtMaps
Statistics: Posted by vtMaps — Fri Aug 09, 2024 5:31 pm — Replies 10 — Views 954