Can an in kind transfer of stock from an IRA be made to a regular brokerage account?

Question

Can an in kind transfer of stock from an IRA be made to a regular brokerage account?

Answer 1

It should be doable; check with your broker.  Ask him about tax consequences; you may need to report the value of the stock as income.

Answer 2

Yes, as long as it is within the same brokerage company or mutual fund company. You cannot transfer shares from your IRA with Fidelity (as an example) to your brokerage account with Vanguard. First you have to make a 'in kind distribution' to your Fidelity Brokerage account and then transfer it (in kind) to Vanguard.

Since it's an in-kind transfer the taxable amount is usually reported in one of two ways. Either by using the average of the high and low prices of the stock on the day in which the transfer was made, or by using the closing price.  

Answer 3

sure. it would be taxed twice  regular tax plus a 10% PENALTY