Making a Contribution

What transfer methods can I use to make a contribution?

You can make a direct contribution for a given tax year in 4 seperate ways:

1. ACH transfer

2. Wire transfer

3. Physical check

4. A Webull brokerage account

ACH transfers

An ACH transfer is a free, electronic method for sending funds between financial institutions. Once your bank account is linked to Webull and a contribution is made, transfers usually take 3-4 business days to complete. To link a bank, please navigate to Account ➝ Transfers ➝ Bank Account.

Wire transfers

A wire transfer is an electronic method of transferring funds directly from one bank account to another. Unlike ACH transfers, wire transfers are typically faster, often completed within the same business day. Wire transfer requests to Webull are made at the sending bank. Please make sure to review your specific wire instructions before initiating a transfer by going to Account ➝ Transfers ➝ Contribution ➝ Wire within the Webull mobile app.

Physical check

Contributions can also be made by physical check. This method is typically the slowest, taking up to 7 business days to process. Please ensure you use the following address to mail your check:

Address:

Webull Financial LLC c/o Treasury Department

200 Carillon Pkwy

St. Petersburg, FL 33716

Payable to:

Webull Financial LLC FBO [NAME], [WEBULL ACCOUNT NUMBER]

Webull brokerage account

You can make direct contributions from a linked taxable brokerage account using your settled cash balance. To initate this internal transfer, simply tap Account ➝ Transfers ➝ Contribution ➝ Webull Account.

Note, you may not internally contribute Traditional and Rollover IRA funds to a Roth IRA. This is commonly referred to as a Roth conversion. To learn more about Roth conversions, please visit Roth conversions.

Webull Financial does not offer tax advice. Any integration with third-party tax software is provided for informational purposes only. For any questions about taxes, including how to file, you should contact a tax professional.