PENSCO initiates fund transfer requests within two business days of receiving them. Non-cash assets may require additional documentation or time for review. You can call (800) 962-4238 to discuss the potential timeline for your specific situation.
Please be aware that some custodians may take much longer to process transfer requests; for example, a 401(k) rollover could take several weeks.
The transfer process varies depending on the type of transfer and if there are assets that are being transferred in-kind. Cash-only transfers typically take a few business days, especially if the current custodian is an ACATS member (which PENSCO is as well).
Assets being transferred in-kind must go through an administrative review and this review process depends on how quickly PENSCO receives all the necessary documents from you and/or the investment sponsor.
You can use bulleted lists to highlight content:
- Highlight #1
- Highlight #2
- Highlight #3
Text can be formatted however you choose. Even Colors!
You can also include images and video.
Comments
0 comments
Please sign in to leave a comment.