Processing Timeframes

Getting Started:

The entire account processing timeframe (from opening an account to funding your investment) typically takes 3-4 weeks. 

The turnaround time is largely dependent on  the firm currently holding your funds. Some institutions are quicker than others in terms of responding to and executing transfer/rollover requests.

If you are transferring funds from an existing IRA, you can speed up the process by requesting a wire instead of a check. This will eliminate mail time and check clearing time, shortening the entire process to 2-3 weeks.

Going Forward:

Processing Times

  • Our standard processing time for all forms and requests is 4 business days.
  • Our expedited processing is 2 business days ($50 fee applies).

Note: Forms and requests received after 1PM EST will be considered received on the next business day.

Check Hold Policy

  • Non-bank checks (e.g. personal and business checks) will be held for 7 business days.
  • Bank and other financial institution checks will be held for 5 business days.
  • Incoming wires are available the next business day ($25 fee applies).

Expedited Service

For investments which are time sensitive, you have access to the following services:

  • Expedited Processing Time ($50)
  • Overnight Mail ($50)
  • Wire Transfer ($25)

To learn more about setting up a Self Directed IRA please contact us at 800-721-4900or schedule a call with an IRA Account Specialist.

Have Questions?

Read our FAQs, or feel free to contact our team directly.

Contact us

Ready to Get Started?

Take control of your investments.

open an account

Getting started is easy

1

Speak with a specialist

You’ll be asked a few simple questions to make sure that a Self Directed IRA is your best option.

2

Open an Account

Madison will guide you step-by-step through the process, including any necessary transfers.

3

Invest

Your funds will be invested directly into the asset of your choice.


Get started with a new account