How do I move my current employer-sponsored retirement plan to a PTI ProDirect Rollover IRA?
Open a PTI ProDirect Rollover IRA and in the funding section a letter will be created that informs your benefits administrator that you would like to directly roll over your distribution into your PTI ProDirect IRA account. You will have to sign a form authorizing the move. Next, your employer will transfer your payout to your PTI ProDirect IRA account, or they will provide you with a check made out to IB. If the latter is the case, once you receive the check you should deposit it immediately into your PTI ProDirect Rollover IRA. The deposit must be within the time frame permitted under the Internal Revenue Code.
Related Questions
- I had Fidelity make a direct rollover from my employer-sponsored retirement plan into my Fidelity IRA Rollover Account. Why am I receiving a Form 1099-R?
- How do I move my current employer-sponsored retirement plan to a PTI ProDirect Rollover IRA?
- Can I Rollover an existing IRA with another broker to PTI ProDirect?
