Echange of two exactly valued securities

L1: Echange of two exactly valued securitiesBack in 2003, I took a rollover IRA and split it into two parts (i.e., split the securities which consisted of stocks, bonds, mutuals and a small amount of cash) – making one a 72t. Then in 2006 I split the remaining account into two making a 2nd a 72t. Unfortunately I did not have sufficient forsight to anticipate that I now want to make the remaining one a 72t as well. Problem is the remaining on has all non-redeemable bonds (four of them) with the earliest maturity in 2011. Is there some way to say, take an $80,000 bond from that 3rd account and exchange it for the exact same amount from the first 72t so that I can make all of them 72t-s. Otherwise, I can’t make the remaining one a 72t – I can’t even take out money under a 10% penalty. Even though the balance in all the accounts will be exactly the same after the exchange, I fear the IRS will consider the exchange a distribution. Is it OK to do an exchange and if not is there any way to accomplish what I am trying to do?2009-11-12 00:20, By: Joel, IP: [98.198.175.175]
L2: Echange of two exactly valued securities>>Is it OK to do an exchange and if not is there any way to >>accomplish what I am trying to do?The exchanges would probably be considered self-dealing – no exchange.If your IRA agreement allows, you could try and sell the assets – probably at a substantial discount -but most of the time there is a willing buyer – the variable is the price that they are willing to pay.2009-11-12 00:43, By: Gfw, IP: [216.80.125.206]