How do I transfer assets out of my AET SDIRA?

Transferring assets out of your AET IRA to another qualified custodian follows the same process as transferring cash. The primary difference is the specific asset being transferred, which must be accurately listed on the transfer documents.

1. Contact the Successor Custodian

To begin the transfer, first contact the custodian you wish to transfer your assets to (the successor custodian) and confirm they will hold the assets. Request their Transfer Out documents, which will outline their specific requirements for completing the transfer.

2. Submit the Transfer Documents to AET

Once you have received the Transfer Out documents from the successor custodian, submit them to AET for review. These documents must:

• Be in good order, accurately listing each asset being transferred.
• Be signed by the client and submitted within 30 days of the signature date.

3. Document Review and Creation of Transfer Out DOI

If the submitted Transfer Out documents are complete and compliant, AET will create a Transfer Out Direction of Investment (DOI) on the portal. This DOI initiates the transfer process.

4. Provide Supporting Documentation

Just like with a cash transfer, AET requires supporting documentation based on the type of asset being transferred. This may include:

• Asset Statements – Each asset must be individually listed on the transfer form, not just included in a general statement.
• Medallion Signature Guarantees – Required in cases where non-original signatures are provided.
• Special Asset Requirements:
  • Real Estate Transfers: Include a Quit Claim Deed to ensure proper titling.
  • Cryptocurrency: Must be liquidated before it can be transferred.
  • Precious Metals: May be transferred directly or liquidated, depending on the client's instructions.

5. Compliance Review

AET will conduct a compliance review of the Transfer Out DOI and supporting documents. This ensures:

• The transfer adheres to IRS regulations and custodial policies.
• There are no prohibited transactions.
• The correct asset details are included for a smooth transfer.

6. Approval of Transfer Out DOI and Asset Assignment Letter (If Applicable)

Once compliance is confirmed, AET will approve the Transfer Out DOI. Depending on the type of asset, an asset assignment letter may also be generated.

• This letter confirms the transfer of ownership to the successor custodian.
• If created, the asset assignment letter will be sent at the same time as the asset transfer or funds.

7. Transfer of Assets

AET will proceed with the transfer according to the successor custodian’s instructions.

• If the transfer involves cash, the funds will be sent via wire or check per your direction.
• If transferring assets (e.g., real estate, metals), additional paperwork may be required to finalize the process.
• If an asset assignment letter is generated, it will be sent to the new custodian at the time of the transfer.

8. Confirmation and Record Keeping

After completion, AET will provide confirmation that the transfer has been finalized. Clients should retain copies of all documents for their records and IRS reporting purposes.

Key Points to Remember:

✅ Same Transfer Process as Cash – The primary difference is what asset is listed on the transfer documents.
✅ Contact the Successor Custodian First – Always obtain their Transfer Out documents before submitting to AET.
✅ Signature Requirement – Transfer forms must be signed and submitted within 30 days of signing.
✅ Asset Listing – Every asset must be listed individually; a general statement is not sufficient.
✅ Special Asset Considerations – Cryptocurrency must be liquidated, and real estate requires proper titling documentation.
✅ Asset Assignment Letter – Depending on the asset type, AET may send the letter to the successor custodian along with the asset transfer.

By following these steps and submitting complete documentation, clients can ensure a smooth and compliant transfer of their IRA assets.

Important Note on Account Closure and Portal Access

Once an account is closed, clients will no longer have access to the online portal. This means that any account-related documents, including:

• Account statements
• Investment records
• Transaction history

will no longer be retrievable through AET’s system. Clients should download and save all necessary documents before their account is closed.

If you need access to past records after your account is closed, please contact AET Support for assistance.