How do I transfer funds from my IRA LLC to a different IRA custodian (other than Madison)?
First, funds must move from your IRA LLC to your Madison IRA. Then, Madison will send funds to the receiving custodian.
- Send funds from your IRA LLC to Madison Trust using the Delivery Instructions.
- Provide Madison with a Deposit Information form, documenting the source of funds. In Section B you will select “Deposit from IRA LLC”.
- Contact the receiving custodian and complete their non-ACAT Transfer Paperwork.
- Madison will send funds to the receiving custodian upon receipt of their transfer paperwork.