Transfer and Rollover Assistant

Start Growing Your Retirement

• Purchase Real Estate Assets

  Real Estate Purchase Offer Review | Use to expedite the review of your real estate purchase offer / contract.

  Real Estate BDL | Use to invest in a property / real estate.

  Real Estate Note BDL | Use to invest in notes secured by real estate.

• Purchase Non-Real Estate Assets

  Private Placement Buy Direction Letter (BDL) | Use to invest in private placements, joint ventures, private companies, shares or private stock, REIT, private equity. 

  LLC/Checkbook Control BDL | Use to invest in an LLC with checkbook control.

  Promissory Notes BDL | Use to invest in promissory notes not collateralized by real estate.

Transfer Tips to Help Avoid Delays

• Ask if Your Transfer Request Can Be Faxed

  Check if your current custodian accepts transfer requests by fax. This may help speed up your transfer. Get their fax number.

• Transfer Enough to Cover Your Investment

  If you are transferring cash for an investment, include enough to cover the purchase and transaction fees. Insufficient funds will delay your investment purchase.

• Check if a Medallion Signature Guarantee Is Required

  Contact your current Custodian to inquire if a Medallion Signature Guarantee is required.

  If required, talk to IRAR, we will explain what is needed and will be able to help. A Notary Public is not acceptable.

   

• Decide on Transfer Options

  Move Your Entire Account in Cash
  Choose Full Transfer. If you are transferring a Brokerage IRA as cash, you will need to  liquidate the non-cash assets before submitting your IRAR Transfer Form.
  
  Move Your Entire Account as cash and assets
  Choose Full Transfer of Assets In-Kind. Your cash and assets will move to IRAR without being sold. Please note: IRAR does not custody precious metals, digital currency, or cannabis-related investments.
  
  Move Only Part of Your Account
  Choose Partial Transfer. Select the cash or assets you want to move and provide the requested details for each asset.

Rollover Tips to Help Avoid Delays

• Review Rollover Types

  Direct Rollover

  • Funds move directly from your employer-sponsored retirement plan to your IRAR account.
  • The check or funds are made payable to your IRAR account, not directly to you.

  60-Day Indirect Rollover

  • You receive the retirement funds and deposit them into an eligible retirement account.
  • The funds must be deposited within 60 days.
  • Taxes and penalties may apply if the rollover is not completed within 60 days.
  • An employer plan may withhold 20% for federal taxes when a distribution is paid directly to you.

• Review Your Rollover Options

  Move Your Entire Account in Cash
  Choose All Cash Rollover. Liquidate any non-cash assets that need to be converted to cash before starting your rollover.

  Move Your Entire Account as Cash and Assets
  Choose In-Kind Rollover. Your cash and eligible assets will move to IRAR without being sold. Please note: IRAR does not custody precious metals, digital currency, or cannabis-related investments.

  Move Only Part of Your Account
  Choose Partial Rollover. Select the cash or assets you want to move. Your current plan determines whether a partial rollover is allowed.

• Get Your Account Statement Ready

  If you are rolling over non-cash assets, submit a current account statement dated within the last 6 months.

• Contact Your Current Provider

  Once you submit your IRAR new account application, contact your current provider. You will need to complete their forms to move your account to IRAR.

Helpful information and resources

Here's what you'll need

• Get Your Photo ID Ready

  You will need a clear photo or scan of your unexpired government-issued ID. Make sure your full name, photo, signature, dates, and all text are easy to read before submitting.

• Verify Your Current Address

  If your address is different from your ID, we'll ask for a document showing your name and current address, such as a utility bill, bank statement, mortgage statement, lease agreement, or paystub. Have a digital copy ready to upload just in case.

• Verify Your Social Security Information

  If your Social Security number can't be verified or you've recently changed your name, we'll ask for a document showing your full name and Social Security number, such as a Social Security card, W-2, or paystub. Having one of these documents ready can help avoid delays.

Here's what you'll need

• Get Your Photo ID Ready

  You will need a clear photo or scan of your unexpired government-issued ID. Make sure your full name, photo, signature, dates, and all text are easy to read before submitting.

• Verify Your Current Address

  If your address is different from your ID, we'll ask for a document showing your name and current address, such as a utility bill, bank statement, mortgage statement, lease agreement, or paystub. Have a digital copy ready to upload just in case.

• Verify Your Social Security Information

  If your Social Security number can't be verified or you've recently changed your name, we'll ask for a document showing your full name and Social Security number, such as a Social Security card, W-2, or paystub. Having one of these documents ready can help avoid delays.

What you'll need

• Business EIN vs. Plan EIN Guide

  Your Solo 401(k) needs its own Plan EIN. Using the wrong EIN can create reporting issues and put tax advantages at risk. If your plan does not have an EIN, follow the instructions here to create one. 

• Download the educational guide

Helpful information and resources

• How to Identify Your Retirement Account Type

  Start with the website or statement where you view the account. The provider name and account type can help determine which path applies.

• IRA, 401(k), or Solo 401(k)?

  An IRA is generally held by a custodian, an employer plan is connected to an employer, and a Solo 401(k) is established for your small business.

• Retirement Plan Resources