Why can't I transfer assets to another account?

dschaller78's Avatar


19 Oct, 2021 06:36 PM

I had to move an IRA from one Trust company to another. The Xfr action does not let me move the stocks from the old company to the new one, despite that being exactly what happened. Why can't I do that in Moneydance? Having to "sell" the stock, move the money and then "buy" the stock again seems to loose all links to the original purchase date or price. That is just wrong!

  1. 1 Posted by dschaller78 on 26 Oct, 2021 03:52 PM

    dschaller78's Avatar

    It has been a week with no response. Where do I need to go to get support?

  2. 2 Posted by Stuart Beesley ... on 26 Oct, 2021 03:55 PM

    Stuart Beesley (Mr Toolbox)'s Avatar

    Correct.. MD cannot xfr shares.. You have to buy / sell... And yes you lose the links to the purchase you were mentioning... It's been this way for years and many people have requested this.....

  3. System closed this discussion on 25 Jan, 2022 04:00 PM.

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