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
- Employer Plan Rollover: 401(k), 403(b), TSP and others
- Annual contribution
Annual Contribution
You can make an annual contribution to your IRA in one of two ways, a wire transfer or a paper check. Regardless of your chosen method, you must start by completing the IRA funding request form. The IRA funding request form can be accessed within the Unchained platform.
Sign in to your account and select the Fund button on the bottom left of your screen or within your vault page by clicking Deposit.
On the next screen select Annual contribution and press Continue.
Once you complete and submit the form, an Unchained IRA associate will email the applicable funding form via DocuSign for you to sign. They will also provide wire transfer instructions and paper check instructions.
After submitting the form, you must either initiate a wire transfer from your bank or mail a check using the provided instructions. Once Fortis Bank receives the funds, we will perform the BTC trade the following business day.
Notes:
- Fortis Bank charges a $15 inbound wire fee. You must add $15 to your annual contribution amount, otherwise the fee will be deducted from your contributed funds.
- It may take up to 5 business days for a check to clear once it’s been received by Fortis Bank.
- 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.