So I wanted a as painless a way to transfer my IRA account at TRP to a broker. Based on my experience last few months I have reached decision to manage some of my tax deferred money selling options instead of investing in mutual funds.
I searched on MFO, and landed on this thread which was helpfulhttps://mutualfundobserver.com/discuss/discussion/54913/acat-transfers-of-mutual-funds
However, it still left me little confused.
So I'm fine it takes longer time, but can I initiate ACAT transfer from my broker and accomplish everything online? I mean will TRP cut a check and send it to my broker - safer IMO than me asking them to send a check made payable to me FBO the broker and they messing it up.
Would really appreciate if someone who might have done the same share their experience. Right now my money in my TRP IRA is sitting in their money market fund.
Thanks in advance.