401(k) Rollovers

Please reference IRS guidelines to understand the potential tax implications. Funds must be deposited in your retirement account within 60 days from the date you receive your distribution.

Open your most recent 401(k) statement, locate the custodian information and contact number — call the number on the statement.
Once you are connected to a live person, indicate you would like to initiate a rollover of your 401(k).
The 401(k) provider will walk you through the necessary steps and send your rollover check to their address on record (on rare occasions, providers will allow a digital transfer).
Once you receive the check, please write on the back: "For deposit - IRA Account: XXXX-XXXX." Please mail the check to one of the addresses at the bottom.
Your Compound team will confirm when we receive the check and proceed with investing your funds as planned.

Overnight Address:

Charles Schwab & Co., INC

1945 Northwestern Drive

El Paso, Texas 79912‍

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Regular Mail:

Charles Schwab & Co., INC

P.O. Box 982603

El Paso, Texas 79998

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Disclosure

Compound Financial Inc. (“Compound Financial”) offers software-based financial management and planning tools. Investment advisory services are provided by Compound Advisors, Inc. (“Compound Advisers”), an SEC-registered investment adviser (CRD# 306341/SEC#: 801-122303). Registration as an investment adviser does not imply any level of skill or training. Compound Tax, LLC (“Compound Tax”) provides tax consulting and compliance services. Compound Advisers and Compound Tax are wholly owned subsidiaries of Compound Financial. Altogether, we refer to our business as “Compound.” The information contained in this communication is provided by Compound for general informational purposes and should not be considered as financial or tax advice. Compound is not a licensed lender, law firm or insurance agency, and Clients should consult with their personal investment, insurance, tax or legal advisors or brokers regarding their particular circumstances as needed before making any final financial decisions. This communication is not an offer to sell securities. All investing involves risk, including the possible loss of any or all of the money invested, and past performance never guarantees future results. Please see Compound Advisers' Form CRS here, and ADV Part 2A Brochure here.