IRA distributions can be made with stock and equity options. The value of any distribution made with stock from an IRA account to a non-IRA account is based on the previous day's closing price the distribution was processed by our clearing firm. For example, if a stock distribution was made on Dec. 11, 2018, then the value of the position is determined by the closing price of Dec. 10, 2018.
Forms mentioned above can be found in our Forms and Agreements page <--- Click Here
IRA Distributions (retirement to non-retirement account) require the following forms:
- For Roth IRAs, please use: Roth IRA Distribution Request
- Under “Section VI. Delivery Instructions,” check the “To the following account” box and enter your tastytrade margin or cash account.
- For Traditional IRA, please use: IRA Distribution Request
- Under “Section VI. Delivery Instructions,” check the “To the following account” box and enter your tastytrade margin or cash account.
Please send completed forms to our banking team at banking@tastytrade.com or fax it to 312-724-7364. Forms received before 11 am Central Time (Chicago time) will be processed the same day. Transfers will complete 1-2 business days after processing, but cash-only transfers are typically overnight. Same-day transfers of any kind are not possible at this time.