What Is a Letter of Acceptance? Do I Need One?
A Letter of Acceptance will indicate to your current financial institution that we agree to accept your funds from the current custodian and deposit them on your behalf. Your current provider may not require a Letter of Acceptance to release your funds. Please check with your current financial institution for this information.
What Is a “Roth Cost Basis”? Where Do I Find It?
If you will be rolling over your Roth funds, you will need to provide a Roth Cost Basis. Roth Cost Basis refers to the amount of designated Roth contributions you have made to your current Roth account. This does not include earnings on the contributions you have previously made. Please check your current provider’s statement for this information.
If I Am Rolling Funds Into My Account From Roth and Pre-tax Accounts, Can I Use the Same Rollover Form?
No, you must submit two forms through your saver portal. Please specify in step two of the form if the funds will be Roth or pre-tax for each form you complete.