How long will the IRA transfer take for Ellevest Digital or Premium?

IRA transfers typically take 2 to 6 weeks. During that time, we’ll submit a transfer request to your current IRA provider. When we receive the funds, we’ll invest them in the customized portfolio for your IRA account. All you have to do is sit back and relax. We’ll let you know if we have any questions or need more information.

If your current IRA provider doesn’t support electronic transfers, then you will need to liquidate your portfolio and ask your current provider to send a check to Folio Investments. If your current provider will only mail the check to you, then you must send the check to Folio Investments within 60 days of the check date to avoid any penalties. Please see here for more details on that process.

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