Transfer Assets Between Capital One Investing Accounts
Transcription
Transfer Assets Between Capital One Investing Accounts
Transfer Assets Between Capital One Investing Accounts 1 Complete the entire form. 2 Sign the form and send to us by fax or mail. Fax document to: Our fax number (Available 24hr per day) 866.996.6417 or 206.805.0791 Mail document to: Capital One Investing, LLC PO Box 4249 Seattle, WA 98194-0249 Frequently Asked Questions Customer Service: 800-747-2537 How long will the account transfer take? What if I have more securities to list than there is space provided? Once we receive your paperwork, a message will be posted to your account. Transfers between accounts generally take 7 to 10 business days to be completed. What if the account type and/or account holder names do not match? Transfers can occur between like accounts (i.e. Individual to Individual Roth IRA to Roth IRA). If you wish to transfer an account with a different account type, such as a Joint account to an Individual account all owners must sign the form in front of Notary Public or in the presence of someone able to provide a Medallion signature guarantee. What is the difference between a Notary seal and a Medallion signature guarantee? A Medallion signature is a stamp provided by a financial institution to verify that a signature is valid. You can obtain a Medallion Signature Guarantee at a commercial bank, credit union, brokerage firm, savings association, or any financial institution who is an approved member. A Notary seal is provided by a Notary Public, a person who is authorized by the government to verify written documents. You can usually find such a person either at a financial institution (such as a bank or credit union) or in your local phone directory. We have included an Additional Sheet for Transferring Securities form for you on page 3. You will only need to use this page if you are looking to transfer more than 5 securities to your Capital One Investing account. What if I want to transfer from an IRA to a non-IRA account? Your transfer will be treated as a distribution, and you must complete the “Transfer from an IRA to a non-IRA” form. In most cases, distributions are not allowed to a third party, and you must be registered owner of the receiving account. What if I want to do a Conversion from my Traditional IRA to my Roth IRA? This transfer will be treated as a distribution and you must complete the “Conversion from Traditional IRA to Roth IRA” form. You must be a registered owner of the receiving account. What if I want to do a Recharacterization of my IRA Contribution(s) or a Conversion? You must complete the “Recharacterization of an IRA Contribution or Roth Conversion” form. This transfer will be reported as a non-taxable distribution. You must be a registered owner of the receiving account. Securities are offered by Capital One Investing, LLC, a registered broker-dealer and Member FINRA/SIPC. Advisory services are provided by Capital One Advisors, LLC, an SEC registered investment advisor. Insurance products are offered through Capital One Agency LLC. All are subsidiaries of Capital One Financial Corporation. Securities and services are: Not FDIC insured • Not bank guaranteed • May lose value • Not a deposit • Not Insured by any Federal Government Agency Customer Service: 800-747-2537 Capital One Investing, LLC, PO Box 4249, Seattle, WA 98194-0249 Transfer Assets Between Capital One Investing Accounts 1 of 3 From Account Information Account Type Individual Joint Custodial Coverdell ESA Traditional IRA Roth IRA Custodial Coverdell ESA Traditional IRA Roth IRA Account Number (Example: 000000001) Account Owner Secondary Account Owner (Joint/Custodial Only) To Account Information Account Type Individual Joint Account Number (Example: 000000001) Account Owner Secondary Account Owner (Joint/Custodial Only) Transfer the Following Assets (Please choose only one) Transfer ALL assets, including cash, and leave “FROM” account open for future transactions. Transfer ALL assets, including cash, and close my “FROM” account. Partial transfer of cash $ Security and/or securities listed below. Symbol Quantity More to list? See page 3 NOTE: All contributions to retirement and ESA accounts must be made in cash only. Contribution Designation (For transfers into IRAs and ESAs only) If transferring cash from a non-retirement account to a retirement or ESA account, your transfer will be treated as a contribution. Please designate the tax year for which the contribution should be applied. Tax Year: All prior year contributions must be received no later than the individual tax filing deadline, usually April 15th, not including extensions, to be credited for the prior tax year. Also, contributions cannot be made for future years. The maximum amount you can contribute to all Traditional IRAs, Roth IRAs and ESAs, in total for each tax year is limited by the IRS. See our FAQs for more information. You may be assessed IRS imposed penalties and/or fees if you over-contribute. Also, be aware that commingling IRA contributions with funds that originated from a rollover from a qualified employer retirement plan (e.g. 401K) may make those funds ineligible for rollover to another employer plan at a later date. Authorization and Signature If the account type and/or account owner on the “FROM” account and the “TO” account do not match exactly, notary or signature guarantee is required. Your signature(s) indicate(s) your understanding of and agreement to this transaction. I hearby relinquish all right, title and interest in said securities and/or monies and I irrevocably release and discharge you of any claims by me or my legal representatives with reference thereto, including and disposition thereof of such property. Signature(s): (All account owners must sign, account titles must match exactly.) X X Date Signature Signature guarantee or notary (required) Customer Service: 800-747-2537 Capital One Investing, LLC, PO Box 4249, Seattle, WA 98194-0249 Signature Date Signature guarantee or notary (required) Transfer Assets Between Capital One Investing Accounts 2 of 3 Use this form only if you have more securities to list than there is space provided on the previous page. Additional Assets to be Transferred Security Symbol Quantity This area reserved for office use Customer Service: 800-747-2537 Capital One Investing, LLC, PO Box 4249, Seattle, WA 98194-0249 Transfer Assets Between Capital One Investing Accounts 3 of 3