Supported Contribution Types

Webull supports several types of contributions for your IRA account, including:

1. Annual contributions

• Supported methods: ACH or wire transfer.
• Both ACH and wire transfers are subject to IRS annual contribution limits.

2. Indirect rollover contributions

• You can deposit funds through ACH or wire transfer within 60 days after withdrawing the funds from another retirement account.
• Webull only accepts cash roll-over deposits.

3. Direct rollover contributions

• Supported method: Wire transfer only.
• You must initiate the direct roll-over from the administrator of your former employer's retirement plan.
• Webull only accepts cash for direct roll-overs.

To learn more about rollovers, please click here.

3. Trustee-to-trustee transfers

• Transfers are executed through the ACATS system, supporting both cash and stock transfers.
• The transfer process takes approximately 5-8 business days.
• Ensure that both the originating and receiving accounts are of the same type (e.g., IRA to IRA).
• While Webull does not charge any transfer fees, the counterparty (former IRA account manager) may charge fees. Consult your former IRA account manager for details.

To learn more about trustee-to-trustee transfers, please visit transferring my IRA.