An in kind transfer allows for securities to be transferred between brokers as-is; without having to sell them first.

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In kind transfer

Is a transfer of securities between brokers that requires securities to be sold first, prior to the transfer

Is a transfer of securities between brokers as-is and does not required sale of the securities prior to transfer

Is a transfer of investments between individuals that have received inheritances and must pay tax

Is a transfer of securities that occurs when changing IRA account type from Traditional to Roth