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*The Entrust Group offices will close at 1:00 p.m. on Friday, December 13th. We will resume normal business hours on Monday, December 16th.**

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Self-Directed IRAs

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What is a SDIRA?

Advisors & Issuers

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Overview

For over 40 years, The Entrust Group has empowered investors to take control of their retirement portfolios with self-directed IRAs. Now, we’re ready to invest in your career. Whether you’re a financial advisor, investment issuer, or other financial professional, explore how SDIRAs can become a powerful asset to grow your business and achieve your professional goals.

Learning Center

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Learning Center Overview

Access the largest knowledge base for Self-Directed IRAs. Expand your investor knowledge with articles, whitepapers, practical guides and tons of other educational resources.

About Entrust

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What We Do

For 40 years, The Entrust Group has provided account administration services for self-directed retirement and tax-advantaged plans. Entrust can assist you in purchasing alternative investments with your retirement funds, and administer the buying and selling of assets that are typically unavailable through banks and brokerage firms.

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Complete an IRA Rollover in 3 Easy Steps 

Rolling over your retirement funds into a self-directed IRA (SDIRA) unlocks a vast array of investment opportunities, allowing you to invest your tax-preferred funds in real estate, private equity, precious metals, and more. 

At Entrust, we’ve simplified the IRA rollover process, allowing you to move funds into your new account in three easy steps. 

What is an IRA Rollover?

An IRA rollover is a movement of funds from one type of retirement account to another. This can occur from a 401(k), 403(b), or another type of retirement plan upon changing jobs or retiring. The process allows you to continue growing your savings with the potential for tax-deferred or tax-free earnings, depending on whether it’s a Roth or traditional IRA.

There are two types of IRA rollovers: direct and indirect rollovers.

Direct IRA Rollover vs Indirect IRA Rollover

In a direct rollover, funds move directly from one retirement account to the other. The account holder never takes possession of the assets. Many prefer this method because it avoids mandatory tax withholding and potential penalties, as the funds are not considered distributed to the individual.

In an indirect rollover, funds are distributed directly to the individual from the current retirement account. The individual then has 60 days to deposit the funds into another retirement account to maintain the account's tax-advantaged status.

With this method, there is a mandatory 20% federal tax withholding on the distributed amount. If the rollover is not completed within 60 days, the distribution may be subject to taxes and early withdrawal penalties. However, if the funds arrive in your new account within 60 days, you will not be subject to additional penalties or withholdings. 

Want to move funds from one IRA into the same type of IRA at a different institution? You’ll need to initiate an IRA transfer.

How to Roll Over Your Retirement Funds to Entrust

To complete an IRA rollover to Entrust, follow these simple steps, as detailed in our rollover client tutorial video:

1.

Open an SDIRA

  • Get started by opening your account. All you need is 10 minutes of your time and a copy of a government-issued ID.

2.

Contact Your Current Institution

    Direct Rollover:
  • Contact your custodian and request to move funds out of the account through a direct rollover.
  • ACH or Wire: Provide them with our delivery instructions.
  • Check: Instruct your custodian to make the check payable to The Entrust Group Inc., FBO [Client Name] Account # [Entrust Acct. Number]. Send the check to The Entrust Group.
  • If your original administrator requires a letter of acceptance to complete the rollover, simply contact us and we’ll provide that for you.
    Indirect Rollover:
  • Request a withdrawal from your custodian for an indirect or 60-day rollover. Follow the custodian’s withdrawal process.
  • Once you receive the check, endorse the back portion and send it to The Entrust Group at: “The Entrust Group, Inc. FBO [Client Name] Account # [Entrust Acct. Number].”
  • Mail, fax, or email the form to Entrust, along with your custodian statement and any additional required documents.
  • Once we’ve received your check and deposited the funds into the account, we will send you an email confirming the rollover is complete.
Where to Send Your Documents:

Mail:  The Entrust Group, 555 12th Street, Suite 900, Oakland, CA 94607

Fax: (510) 587-0960 (with "Attention: Transfers" on the cover page

Email: Transfers@TheEntrustGroup.com

3.

Provide a Copy of Your Statement

    Digital Submission:
  • Log into the Entrust Client Portal (suggested method).
  • In the "Quick Links" box, click on "Fund Account.
  • "Select your account and “Direct or Indirect Rollover.”
  • Choose the rollover type and fill out the application. Upload a PDF of a recent plan statement (no older than six months) from your current administrator. Submit to Entrust.
    Paper Submission:
  • Download and complete the Rollover Form from the Entrust website.
  • Attach a PDF of a recent plan statement (no older than six months) from your current administrator. Submit to Entrust using one of the three methods listed above.
  • Rollover Confirmation: Once we receive your rollover request, we'll process it and submit it to your current custodian within 2-3 business days. You'll receive a confirmation email from us.
  • Begin Investing: Once the rollover is complete, it’s time to explore the diverse investment opportunities available to you.
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Have questions about the IRA rollover process? Contact Us.

Frequently Asked Questions About IRA Rollovers

 How does an IRA rollover differ from a transfer?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

How often can I complete an IRA rollover?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

Can I rollover my 401(k) from a current employer into an IRA?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

What are the tax implications of an IRA rollover?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

Can I roll over my traditional 401(k) into a Roth IRA?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

Can I perform a partial IRA rollover?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

What are the consequences of missing the deadline for an indirect IRA rollover?

It depends. Some employer-sponsored plans allow in-service withdrawals, which permit employees to roll over funds into an IRA while still employed. However, others do not offer this option. Check with your plan administrator to determine if such a rollover is permitted under your plan's rules.

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