If you have an existing IRA, it’s easy to transfer it to an IRA through LendingClub.*
To get started, submit a signed IRA transfer form to LendingClub to begin the transfer process:
- Existing LendingClub IRAs: Download, complete, and sign the Transfer form from the Transfer page of your account and submit it to LendingClub at email@example.com.
- New LendingClub IRAs: Complete, print, sign, and submit your IRA application to LendingClub at firstname.lastname@example.org.
- Keep in mind that your funds must be in cash before they can be transferred to a LendingClub account.
Funds transferred over from another custodian will typically be available to invest 2-3 weeks after you submit your transfer forms to LendingClub.
* LendingClub’s preferred IRA custodian is Self Directed IRA Services, Inc. (SDIRA), a subsidiary of Horizon Bank. LendingClub does not provide tax advice and this information is not intended to be investment or tax advice.