Katsmeow
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 11, 2009
- Messages
- 5,308
OK. I feel like I have forgotten something probably because I don't do a lot of transactions. But I am stumped.
I want to make a single withdrawal from my IRA. I have no cash in the account right now. Everything is invested.
I am positive that in the past I have gone there and been able to initiate a transaction to transfer $X to my bank account by selling $X from Fund A.
However, I have obviously forgotten something as every time I try to do it, Fidelity says I can't do it since I have no cash in my account.
I have tried doing it as a transfer from the IRA to my bank account. But, it says I have no Cash and just stops.
I also tried to go to retirement distributions and then to schedule a withdrawal. But, same thing. Says I don't have enough cash.
My recollection is that the last time I did this I was asked if I wanted to sell something so I would have the cash. I said that I did and selected what to sell and then it all went through. The next trading day they would sell $X at the end of the day and then $X would be sent to my bank account.
I did find a place where I could sell $X and then it would go into cash, but it would not be transferred to my checking account.
I know I've done this before, not that long ago.
Have they changed their process or is this because it is the beginning of the year or what?
I want to make a single withdrawal from my IRA. I have no cash in the account right now. Everything is invested.
I am positive that in the past I have gone there and been able to initiate a transaction to transfer $X to my bank account by selling $X from Fund A.
However, I have obviously forgotten something as every time I try to do it, Fidelity says I can't do it since I have no cash in my account.
I have tried doing it as a transfer from the IRA to my bank account. But, it says I have no Cash and just stops.
I also tried to go to retirement distributions and then to schedule a withdrawal. But, same thing. Says I don't have enough cash.
My recollection is that the last time I did this I was asked if I wanted to sell something so I would have the cash. I said that I did and selected what to sell and then it all went through. The next trading day they would sell $X at the end of the day and then $X would be sent to my bank account.
I did find a place where I could sell $X and then it would go into cash, but it would not be transferred to my checking account.
I know I've done this before, not that long ago.
Have they changed their process or is this because it is the beginning of the year or what?