Follow these steps to make an Annual Contribution to your Unchained IRA.
Before you can fund your Unchained IRA, you must complete your IRA Onboarding and create an IRA vault on our platform. Once you complete those steps, you can initiate the funding process.
There are multiple ways to fund your Unchained IRA. The most common are:
- IRA-to-IRA transfer
- 401(k)-to-IRA rollover
- Annual contribution
Below, we will cover how to complete an IRA-to-IRA transfer. You can also fund your IRA from a few other types of retirement accounts. Contact our team to check if we can support your preferred funding method.
Video Guide:
Annual Contribution
You can also fund your Unchained IRA on an ongoing basis by making an annual contribution. There are two ways to make an annual contribution to your Unchained IRA:
Send a wire transfer.
- Complete a Funding Request Form.
- Select Annual Contribution as your funding type.
- An Unchained IRA associate will email the applicable funding form via DocuSign for you to sign. We will also provide wire instructions.
- Send the wire transfer from your bank using the provided instructions. Wires usually settle the same or next business day. We will perform the BTC trade the following business day.
Note: Fortis Bank currently charges a $15 inbound wire fee.
Mail a paper check to Fortis.
- Complete a Funding Request Form.
- An Unchained IRA associate will email the applicable funding form via DocuSign for you to sign. We will also provide instructions for mailing the check.
- Mail a check to Fortis Bank, made payable to your IRA. Once it arrives at Fortis, it may take up to 5 business days for the check to clear. After that, we will convert the USD into bitcoin and deposit it into your IRA vault.
Note: There is a $2,000 minimum for each transfer, rollover, or annual contribution.
No contents of this article may be relied upon as tax, legal, or financial advice, as they have not been tailored to you and have not been reviewed by any attorney, financial advisor, or tax professional. For any questions related to your own specific situation, please consult with your own attorney, tax professional, and/or licensed financial advisor.