Date: Sun, 7 Nov 2004 13:23:59 CST
From: ese002@news9.exile.org (Eric Edwards)
Newsgroups: misc.invest.financial-plan
Subject: Swap cash and securities in IRA?
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	=wB4U

I have an IRA that is now mostly cash.  In a non-retirement account, 
I have stocks and mutual funds.  I'm in a bit of a financial bind right
now.  I need cash on the outside, yet I would rather not sell my 
securities.  Ideally, I would achieve a dollar for dollar swap between 
the cash in the IRA and the securities on the outside.  Is there a 
reasonable way to pull this off?
                                                                                                               
The brute force obvious thing to do is simply to sell the securities on
the open market and buy again in the IRA.  Unfortunately, this means I
loose money on the spread and commissions and potentially incur fees from
the mutual funds.  There is also a short term tax liability but that is
not likely to be a problem this year.
                                                                                                               
The IRA in question is a Roth but I may soon also have a rollover IRA
in a similar state.

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