Can I make deposits to my Ellevest IRA while the transfer is in process?

Yes, you can make deposits to an Ellevest IRA account while your IRA transfer is in process, as long you have linked a checking or savings account already. However, the IRS places a limit on yearly contributions to IRA accounts, so double check your year-to-date contributions before initiating anything!  You can check the IRS rules here.

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request