IRA Transfer

[Guest furlanod]

Is there any Federal law that states how quickly (two days, one week, two weeks ets) a custodian has to transfer your IRA to another custodian either a broker dealer or Federal Government plan assuming all of the paper work is given to the custodian? I believe you have to complete a Form TSP 60 and give it to your current custodian if you are transferring an IRA to the Federal Thrift Savings Plan.

Thanks, Dan

[Appleby]

Transfers are governed by NYSE Rule 412

The timeframe depends on whether the transfer is ACAT or non-ACAT.

ACAT.

See

http://www.nscc.com/clearance/acats.html

http://www.nasd.com/web/idcplg?IdcService=...PAGE&nodeId=489