How do I fund my new self directed IRA?
You may initially fund your self directed IRA in one of several ways. At the same time you submit your application, you should indicate how you plan on funding your new IRA. Because the time it takes for your custodian to receive funds can vary greatly, take this waiting period into consideration when planning your investment timeline. Your self directed IRA cannot make a purchase before funds reach the custodian and have cleared the banking system. Funding Via Transfer. If you have decided to transfer other IRA funds into your new self directed IRA, you generally will complete a transfer request form and your custodian will forward the completed transfer request form(s) to your current custodian(s) to initiate the transfer(s). You should expect this method to take anywhere between a week and a month, depending on your current custodian. Most take approximately 3-4 weeks to process this request. Funding Via Direct Rollover. If you have decided to roll over funds from a previous 401(k)
