Stock distribution in Roth IRA?

From: juanb@vnet.ibm.com
Subject: Stock distribution in Roth IRA?
Date: Tue, 1 Aug 00 09:15:44 EDT

Previous Article (by Subject): Re: Transfer of assets "L. Chen"
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I have a Roth IRA setup at E-Trade.  Right now, I only have mutual
funds in it, but want to invest in a company.  That company is
spinning off one of it's holdings as an IPO in a few months, and after
that will distribute the remaining shares of the company to the
shareholders.  My question is how is that distribution handled in
a Roth IRA account?  Is that considered a contribution or is it just
like a dividend/cap gain distribution?

Thanks,
Juan

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