How to use ACH for cash contribution (Walkthrough) How to use ACH for cash contribution (Walkthrough)

How to use ACH for cash contribution (Walkthrough)

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ACH is a convenient way to contribute cash to your IRA, as your funds will be ready instantly. Below is a step-by-step guide to using ACH for direct cash deposits.

 

Once in your dashboard, select "Add Funds"

Next, select "Cash Contribution"

Then select "ACH" as the funding method

After selecting "ACH" as the funding method, the ability to link your bank account will appear. Select the green box to begin linking your bank account (see below)

 

 

After verifying and selecting the account you want to link, you will be redirected to the iTrust dashboard. Fill out the Amount, Tax Year, and Contribution Type and click "Submit".

After depositing, you will be notified when your funds are available. 

 

Please note that we're unable to reverse ACH deposits. If you'd like to withdraw funds, submit an IRA Distribution Request here or a PCA/Treasury Account Withdrawal Request here. ACH deposits are subject to a 30-day hold period before withdrawals are permitted, to protect iTrustCapital and its clients.

 

You can access our Cash Contribution FAQ here