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 now be ready within 1-2 business days. 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. 

 

If you would like to cancel an ACH contribution, please contact your current financial institution. While we can do our best to cancel a pending ACH request on our end, it is always best to reach out to your financial institution to ensure the funding gets formally canceled. You can read our Cash Contribution FAQ here