FAQ Search


Search Terms: IRA

How do I take a Required Minimum Distribution (RMD) from my IRA?
Required Minimum Distributions (RMDs) are minimum amounts that traditional IRA, SEP IRA, SARSEP IRA and SIMPLE IRA account holders must begin taking a RMD starting with the year that he or she reaches 70 ½ years of age. The first RMD payment may be delayed until April 1st of the year following the year in which…

What is an ACH (Automated Clearing House/EFT)?
Description: An electronic transfer of cash between financial institutions. Typical Hold Time: Funds will be available for trading 3 business days after funds are received by our clearing firm, APEX CLEARING. Please note: ACH relationship is not active until micro deposit verification is completed. Cost: Free Important Conditions: 1) ACH relationship must be established. This…