March 31, 2020
Moving funds to a client’s IRA just got easier
Based on your input, we’ve improved the forms to facilitate moving money to an American Funds IRA from a client’s IRA or retirement plan at another institution.
- If your client's money is at another institution: complete the Request for Transfer of Assets or Direct Rollover form and we'll forward it to the sending institution
- If the institution sends the money directly to your client: have your client write a personal check and send it to us with the Indirect Rollover Request
To make the process of moving money a smooth one, use our new resource Moving Funds to an American Funds IRA which outlines:
- the steps to follow
- how to prevent delays
- how long the process will take
Please share this information with anyone in your office who assists you.