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