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Transaction Processing Times for your Self-Directed Retirement Plan

Published on November 20, 2015

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How long does it take?

As your account administrator, Next Generation Trust Company wants to ensure that every “i” is dotted and every “t” is crossed when it comes to your application and account paperwork. Some of our clients have asked what this phase entails and how long it takes, so we offer this clarification of transaction processing times and our rigorous administrative review procedure.

This administrative review is the first phase of your transaction processing and is initiated when you send us your investing instructions. This review is required to make sure your desired transaction meets certain criteria, for a few very important reasons.

The administrative review will take between one and five business days, depending on the complexity of the transaction and our volume of transactions. Investment documents are processed in the order in which they are received. At the end of the review, we may require more complete documentation, corrections, and/or additional information to move ahead with the transaction processing.

Most transactions are completed in two business days provided that we have original, correct documents and cleared funding. For additional information, please check an earlier post that provides a good overview of the self-directed transaction process at Next Generation Trust Company.

We know you may be anxious to have your transaction processed but please understand, this is all for your protection!

If you have any additional questions regarding the administrative review process or executing your self-directed investment transaction, contact Next Generation at Info@NextGenerationTrust.com or (888) 857-8058.