h***z 发帖数: 4 | 1 Just opened a traditional IRA account at Fidelity today, and funded it using
money from another bank account. Got a message that it will take about 2 to
5 business days for the transfer.
Tried to convert this new traditional IRA account to Roth IRA anyway, but
failed. The error message says: "There is no shares available at this moment
..."
My question is: is it true that I need to wait for several business days -
after my traditional IRA account got funded - to convert it into Roth IRA?
Many thanks.
This is my first time dealing with IRA. So please bear with me. I did read
the online tutorials about backdoor Roth IRA and the instructions on
Fidelity. |
m*********t 发帖数: 399 | 2 The error message says: "There is no shares available at this moment
using
to
moment
【在 h***z 的大作中提到】 : Just opened a traditional IRA account at Fidelity today, and funded it using : money from another bank account. Got a message that it will take about 2 to : 5 business days for the transfer. : Tried to convert this new traditional IRA account to Roth IRA anyway, but : failed. The error message says: "There is no shares available at this moment : ..." : My question is: is it true that I need to wait for several business days - : after my traditional IRA account got funded - to convert it into Roth IRA? : Many thanks. : This is my first time dealing with IRA. So please bear with me. I did read
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f*******n 发帖数: 12623 | 3 Today is Sunday. Probably they can't get money from the bank on a weekend.
Waiting one or a few days is not a bad thing. The amount of money is not
going to change in such a short period of time anyway. |
h***z 发帖数: 4 | 4 I see. Thanks.
In the meantime I could further my research on funds ...
【在 f*******n 的大作中提到】 : Today is Sunday. Probably they can't get money from the bank on a weekend. : Waiting one or a few days is not a bad thing. The amount of money is not : going to change in such a short period of time anyway.
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