Internal Transfers

• Different forms are required according to the type of transfer:
  • IRA to IRA (matching/equivalent type) - Internal Transfer Form.
  • Roth Conversions (Trad/Roll to Roth) - IRA Distribution Form.
  • Recharacterizations (Roth to Trad/Roll) - IRA Distribution Form.
  • Excess Contribution Removals - IRA Distribution Form.
  • IRA to Non-Qualified (Distribution) - IRA Distribution Form.
  • Non-Qualified to Non-Qualified - Internal Transfer Form.
  • Non-Qualified to IRA (Contribution) - Internal Transfer Form.
  • ANY Death Claim - Internal Transfer Form.
• GeoWealth transfer funds in-kind by default, unless specific instructions are provided.
• Limited Power of Attorney only applies for transfers between accounts with matching Tax ID numbers.
• Bank links and systematic deposits or withdrawals do not transfer from the delivering account to the receiving account. New instructions are required to establish these on the receiving account.
• Internal transfers from a trust account will also require the Trustee Certification Form.

For Financial Professional Use Only. Not for Distribution.