Mountain View Wealth Management
Client Account Opening
Direct Rollover

Direct Rollover Instructions

Moving a 401(k), 403(b), 457(b), Thrift Savings Plan, or other employer-sponsored qualified plan into your IRA at Interactive Brokers LLC, custodian for Mountain View client accounts.

Always request a direct rollover. The plan sends your savings straight to your IRA — no mandatory 20% withholding, no 60-day deadline, reportable but not taxable. If the plan pays you instead, it must withhold 20%, and any amount not redeposited within 60 days becomes taxable income, plus a 10% penalty before 59½.
1

Confirm the receiving IRA matches the money you are moving

Pre-tax balances roll into a Traditional (Rollover) IRA; designated Roth balances roll into a Roth IRA — if your plan holds both, you need both accounts open. Have your IB account number and plan details ready.

2

Call your plan administrator and request a direct rollover

What to say

"I would like a direct rollover of my vested balance to my IRA at Interactive Brokers LLC. Make the check payable to Interactive Brokers LLC FBO [your full name] (or note my name and account number in the memo), and do not withhold any taxes."

Avoid "cash out," "withdrawal," or "take a distribution" — your wording determines how the plan codes it.

3

Give the plan the delivery instructions below, and complete its paperwork

Some plans also require a rollover form, a Letter of Acceptance or proof the IRA exists (we can supply it), spousal consent, or a Medallion Signature Guarantee from a bank.

4

Tell us when it's on the way — and the exact amount

Send your advisor the date submitted, the method, and the exact amount. Wires post in 1–2 business days; mailed checks take 7–15 business days. We confirm the deposit and invest it to your allocation.

Delivery Instructions for Cash  · Interactive Brokers LLC · U.S. Dollars

USD Bank Wire

RECEIVING BANK  JPMorgan Chase Bank, N.A., 383 Madison Avenue, New York, NY 10017, USA
ABA / ROUTING NUMBER  021000021
SWIFT BIC  CHASUS33XXX
BANK ACCOUNT NAME  Interactive Brokers LLC
BANK ACCOUNT NUMBER  633736902
FOR FURTHER CREDIT TO  [IB account no.] / [Your full name]

Critical: the "for further credit" line must carry your IB account number and name, or the wire cannot be applied.

USD Check

MAKE PAYABLE TO
Interactive Brokers LLC <your full name>
MEMO LINE  Your name and/or IB account number
MAIL TO  Interactive Brokers LLC, PO Box 736868, Chicago, Illinois 60673-6868, Attn: Cashiering Department — IRA

Some plans will mail the check only to you. That is fine — forward it on to Interactive Brokers at the address above. Make a copy or photo for your records first, but do not endorse or alter the check.

If the plan cannot write the check "FBO" you, that is OK — ensure your name and/or IB account number are in the memo section.

Call us before you sign or submit anything — we are glad to join a three-way call with your plan administrator.
Mountain View Wealth Management, LLC · 2611 S Clark Street, Suite 600, Arlington, VA 22202 · (571) 368-6178 · mvwmllc.com
Your MVWM advisor & direct contact

Mountain View Wealth Management, LLC is a registered investment adviser; advisory services are offered only where the firm and its representatives are registered, licensed, or exempt. This document is informational and educational only — not individualized investment, tax, or legal advice, nor an offer or solicitation. Rollover decisions involve trade-offs, and leaving assets in your employer's plan or rolling to a new employer's plan may be preferable in some cases; consult your tax advisor. Interactive Brokers LLC is an independent, unaffiliated custodian; the instructions above are reproduced from IB's published funding instructions and may change without notice — verify before initiating a transfer. Investing involves risk, including possible loss of principal.

Direct Rollover Instructions · 401(k) · 403(b) · 457(b) · TSP · Qualified Plans
MVWM-DR-0826