Short version,
Transfering a few IRAs to Vanguard.
Most of the funds transferd Friday, except about $200.
Logged into Vanguard Saturday and have a message that says add funds to your settlement account.
It looks like the sending institution is pulling back the termination fee from Vangurd.
I submitted a small order in all the the IRAs to cover the fees at Vanguard yesterday, Saturday.
Now I'm wondering if I should transfer some cash to cover the shortage, make the transfer order today Sunday. All the IRA have been funded for the year.
I was hoping the termination fees would have been pulled from my linked checking account but that does not seem like the case.
Never ran into this before, for the ones who are more savvy about transfers what is the correct way to do this or watch out for etc.?
Thanks
Transfering a few IRAs to Vanguard.
Most of the funds transferd Friday, except about $200.
Logged into Vanguard Saturday and have a message that says add funds to your settlement account.
It looks like the sending institution is pulling back the termination fee from Vangurd.
I submitted a small order in all the the IRAs to cover the fees at Vanguard yesterday, Saturday.
Now I'm wondering if I should transfer some cash to cover the shortage, make the transfer order today Sunday. All the IRA have been funded for the year.
I was hoping the termination fees would have been pulled from my linked checking account but that does not seem like the case.
Never ran into this before, for the ones who are more savvy about transfers what is the correct way to do this or watch out for etc.?
Thanks