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

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