It from one taxable account to another without selling. In the where s the money going.
Quantities may be denominated in either dollars or shares.
How to move money from one mutual fund to another. Enter the dollar amount you want the fund to receive into the textbox. Some funds limit how often investors can move money between mutual funds. If you instead cash out the old fund you have 60 days to.
A brokerage account transfer is initiated by the receiving brokerage. If doing a partial transfer determine how much of the fund to transfer. Transfer the following securities in kind option in section 3.
To transfer your mutual fund and other investment holdings set up a new brokerage account and complete the account transfer. If you want to move your ira mutual funds to a new custodian the simplest way is to request a tax free trustee to trustee transfer. For mutual fund only accounts account begins with a 2 followed by two letters please note that.
Your tasks move your money to another investment company are. To fill out the transfer information form send it to your new company file your 1099 r form correctly on your next year s taxes. Decide whether or not to transfer the entire mutual fund that is leave no balance in the fund after the transfer or to do a partial transfer of the fund.
Section select the checkbox next to the fund name you d like to exchange into. You can select multiple funds to exchange into and divide the fund proceeds however you like. Policies vary from company to company and from fund to fund.
If your ira is with a mutual fund family you can probably switch money from one fund to another within the same family without any costs even if you have b or c shares. If this form directs fidelity to sell mutual fund shares in the transferring mutual fund only account and or to purchase mutual fund shares in the receiving mutual fund.