A:

Regular IRA contributions must be made in cash. Contributions of securities are not allowed. Internal Revenue Code Section § 219(e)(1) and IRS Publication 590 provide detailed information about IRA contribution rules.



Exceptions apply to rollover contributions if the same security was distributed.



For more on this, read IRA Contributions: Eligibility And Deadlines.



This question was answered by Denise Appleby
(Contact Denise)



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