Can I transfer mutual funds, IRAs, 401Ks, or pension funds to the corporate brokerage accounts that you set up for my corporation (or foundation)?
In most cases, mutual funds can be transferred without a problem through a DTC transfer if the are publicly traded mutual funds. Otherwise, if they are mutual funds that are not publicly traded (they do not have a symbol on the market like a stock), then it is slightly more difficult as you have to instruct the mutual fund company to transfer the ownership to the corporation. We do not assist our clients in transferring mutual funds, we only provide DTC instructions to transfer publicly traded securities. IRA’s, 401k’s, or pension funds cannot be transferred to the offshore corporation or foundation.
Related Questions
- Can I transfer mutual funds, IRAs, 401Ks, or pension funds to the corporate brokerage accounts that you set up for my corporation (or foundation)?
- How can I get information about Fidelity Electronic Funds Transfer transactions in brokerage and college savings plan accounts?
- Why cant I transfer funds online between my corporate and personal accounts?
