Can I swap IRA shares for ISOs?
August 17, 2005
Date: Thu, 28 Jul 2005
From: Karen
Hi Mike,
I have a client who would like to swap IRA shares for his ISO swap. Is this possible?
Sincerely,
Karen
Answer
Date: Mon, 08 Aug 2005
Hello Karen,
No. An ISO is personal to the employee. Technically, the IRA is a separate taxpayer from its “owner”.
Good luck!
Mike Gray