How long does it take to fund a Self Directed IRA?
Funding Your Self Directed IRA
There are multiple ways to fund a Self Directed IRA. You can move funds from most existing retirement accounts into your Self Directed IRA, and/or you can contribute to your Self Directed IRA from your personal checking account or credit card. To proceed with an IRA transfer, please complete our IRA to IRA Transfer Request. For a rollover, please follow our 401k Rollover Guide. Any in-kind transfers will depend on the custodian and type of account. Lastly, for a contribution, please follow our Funds Delivery Instructions and complete our Deposit Form.
Please keep in mind, many factors can disrupt and slow down the timing of these procedures. Some of which may include:
- Funding methods (check/wire)
- Current holdings (cash/assets)
- Policies of your current administrator or custodian
- Types of assets currently held within the account
|Type of Transfer||
|Example||Average Processing Time||Please Note|
|Cash Transfer||IRA to IRA||Fidelity IRA to IRA Club||2 weeks||Account must be in cash/liquidated|
Qualified previous employer plan to IRA
|Voya 401k to IRA Club||2-3 weeks||Account must be in cash/liquidated|
(Real-estate/precious metals, etc) to IRA
|IRA Services to IRA Club||3 weeks||You will need to have the asset re-titled under your new custodian.|
|Cash Contribution||Personal funds to IRA||Checking account||1 week||Review your annual contribution limit.|