How long does it take to set up an AltoIRA account?

When you set up an AltoIRA account, you will give Alto directions to transfer funds from your existing IRA at another institution into your new self-directed IRA with Alto. This transfer of funds process can take 3-5 days on average, so if you are investing in an AngelList deal with a closing deadline, please plan accordingly. The same goes if your AltoIRA account lacks sufficient funds when you need to make follow-on investments and capital call contributions.

For this reason, we suggest planning ahead and keeping a balance in your AltoIRA account.

Was this article helpful?
0 out of 0 found this helpful