How do I rollover funds from another IRA provider into a Carry IRA?

Rolling over funds from another IRA into a Carry IRA is considered a custodian to custodian transfer, and is a quick and straightforward process.

First, create a Carry account if you haven’t already.

You can open either a:

1 – Traditional IRA

2 – Roth IRA

You can open each one in under 10 minutes, entirely online.

Then choose Transfer to Carry

Enter how much you want to transfer over from your IRA outside of Carry. There are no limits on the amount you can rollover.

Then, choose the External Account Type. In this example, we’re moving over $100K from our traditional IRA outside of Carry to our Carry Traditional IRA.

Once you’ve entered in the details of your transfer, click Continue.

On the next page, choose the transfer type.

For transfers, choose Rollover as the transfer method. Note: you may need to liquidate your assets in your external IRA in order to transfer over cash to your Carry IRA.

On the next page, choose whether you want to transfer the funds by wiring the funds or mailing a check.

If you choose Wire, you’ll be provided wire details that you need to give your external IRA provider.

If you choose Check, you’ll be provided details you’ll need to give your external IRA provider to mail the check.

If you are transferring "like to like," or from the same type of IRA to the same type of IRA, you may also have the option to do a transfer via ACATS, which is an automatic "pull" of the account. You should confirm with your current IRA custodian that they can support ACATS.