9 Questions
Who is responsible for making liquidations in a SDIRA?
The customer
What happens if the funds in a SDIRA are not in a cash position?
The customer is instructed to transfer the funds
Are non-cash assets transferable in a SDIRA?
No, they cannot be transferred
Which type of advice are you NOT licensed to give?
Investment advice
Who is responsible for making liquidations in a SDIRA?
The customer
When should you redirect questions to the custodial representative?
When the customer asks for advice related to custodial matters
Which type of advice does the company NOT provide?
Financial advice
If the customer has questions about what to transfer, what should they do?
Contact their financial advisor
What should the company disclose to the customer?
We do not provide legal, tax, or financial advice
"Quiz: Understanding the Rules of Liquidation in Self-Directed IRAs" Test your knowledge on the rules surrounding liquidation in self-directed IRAs. Learn about the importance of customer involvement, non-transferable non-cash assets, and how to transfer funds to a SDIRA. Avoid common mistakes by understanding the guidelines.
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