You can distribute any asset from an IRA, including an in-kind distribution of non-cash. An in-kind IRA distribution is generally defined as a withdrawal of securities, such as stocks, bonds, ETFs, or mutual funds.
In-Kind Transfer to another IRA—IBKR supports internal position transfers from an IRA into a matching Account Type, Account Title, and tax ID. The accounts need to be the same type of IRA (ie. traditional/traditional or Roth/Roth) in both accounts. Requests may be submitted on the Transfer Funds page in Client Portal under Transfer & Pay. IBKR also supports the ability to convert your Traditional IRA to a Roth IRA.
In-Kind Distribution to a non-IRA— You can request an in-kind transfer of securities from your IRA via a ticket in Client Portal. Click the Help followed by Secure Message Center, click on COMPOSE followed by New Ticket then select Funds & Banking as the category and Other Deposits and Withdrawals as the topic.
Within the ticket you should specify the old and the new account numbers and mention "In-kind IRA manual transfer" in the subject.
Please Note
• The manual transfer is not guaranteed to be approved.
• Once you submit your request via ticket, a Client Services representative will be in contact with you to proceed with the transfer.
• The same tax rules that apply to cash IRA distributions apply to in-kind distributions.
• The cost basis resets with an in-kind distribution.