Funding Your Accounts

This page will guide you through the various ways to move funds and assets into your Interactive Brokers accounts for Tines Capital to manage. If you have questions or want help through any step don’t hesitate to contact Tines Capital. There are other ways to fund accounts as well, but these are the most common.

1. ACH Connection

At some point virtually everyone should set up an ACH connection with their brokerage accounts at Interactive Brokers. This method will allow Tines Capital to transfer funds directly to your bank account when you request a withdrawal. However, this setup does not give Tines Capital the ability to draw money from your bank account or initiate a transfer from your bank account to Interactive Brokers. To deposit money to your Interactive Brokers accounts you must initiate the transfer. Watch the video below to see how you can set up an ACH connection between Interactive Brokers and your bank account.

2. Move an existing IRA (ELECTRONICALLY)

If you have funds at an existing Roth, Traditional IRA, or SEP IRA account that you want to move to an open account at Interactive Brokers of the same type, you can navigate to the “Trustee to Trustee Notification” section then follow the prompts. If you need help don’t hesitate to reach out to Tines Capital.

3. Move funds from an existing 401K (Electronically)

You may transfer assets from an existing 401K or other retirement plan by navigating to the Direct Rollover Notification section and following the instructions there.

4. Mail a Check (Retirement Accounts)

This is a great way to transfer or Rollover funds from an existing IRA or 401K. In short you will log into your Interactive Brokers (IBKR) account and notify them that you will be mailing a check. When you notify them, they will give you a form to print and give to your current provider so that they know where to mail the check. If you have any questions give Tines Capital a call.

  1. Login to your IBKR Account.
  2. Navigate to the manage account page as shown here.
  3. Check the two areas circled here to see if you have selected the account you want to fund. Take note that you may have more than one account of a particular type. For example, it is possible to have two Roth IRAs at IBKR for one person. To make sure you have the proper one selected click on your account number to see if there is a different account of the same type you should select. Take note of the account number for later to verify.
  4. Select “Transfer and Pay”
  5. Select “Transfer Funds”
  6. Make sure the account number as shown here matches what you intended to select earlier. If it does not click on the account number to select the appropriate account.
  7. Select “Make deposit.”
  8. Scroll down to where it says “Mail a Check” and click on “Get Instructions.”
  9. If you know the exact amount of the check enter it. If you do not know the exact amount then enter an estimated value. It does not have to be accurate at this point.
  10. Select “Rollover” unless this isn’t a rollover or a late rollover.
  11. Select if the funds you are moving are coming from SEP IRA, Traditional IRA, or Roth IRA type sources. If you are moving funds from a 401(k) or other workplace plan, that is okay. Simply make sure you select the appropriate IRA type. For example, if you are moving funds from a Roth 401(k) it is okay to select Roth IRA as the type.
  12. Select “Get Mailing Instructions”
  13. You will arrive at a page with instructions. As highlighted here with red circles be sure to verify your account number and print the page to give the instructions to your sending institution.
  14. If you ever want to check on the status of the transaction or view this page again you can do so by going to “Transfer & Pay” then “Transaction Status & History.” You can then click on the notification/transaction to see more details and print the page again if needed.
  15. Finally, deliver the instructions you printed to your sending institution via print or PDF. If they require anything else you can reach out to Tines Capital for help.

5. MAil a Check (Taxable Accounts)

  1. Login to your IBKR Account.
  2. Navigate to the manage account page as shown here.
  3. Check the two areas circled here to see if you have selected the account you want to fund. Take note that you may have more than one account of each account type. For example you may have two Roth IRAs. To make sure you have the proper one selected click on your account number to see if there is a different account of the same type you should select. Take note of the account number for later to verify.
  4. Select “Transfer and Pay”
  5. Select “Transfer Funds”
  6. Make sure the account number as shown here matches what you intended to select earlier. If it does not click on the account number to select the appropriate account.
  7. Select “Make deposit.”
  8. Scroll down to where it says “Mail a Check” and click on “Get Instructions.”
  9. If you know the exact amount of the check enter it. If you do not know the exact amount then enter an estimated value. It does not have to be accurate at this point.
  10. Select “Get Mailing Instructions”
  11. You will arrive at a page with instructions. As highlighted here with red circles be sure to verify your account number and print the page to give the instructions to your sending institution.
  12. If you ever want to check on the status of the transaction or view this page again you can do so by going to “Transfer & Pay” then “Transaction Status & History.” You can then click on the notification/transaction to see more details and print the page again if needed.
  13. Finally, deliver the instructions you printed to your sending institution via print or PDF. If they require anything else you can reach out to Tines Capital for help.

6. Deposit Check via Mobile App (Taxable Accounts Only)

  1. Login to the “Trading Section” of the IBKR mobile app.
  2. Select “More.”
  3. Select “Transfer and Pay”
  4. Select “Deposit Check”