How Do I Transfer Cash From My Retirement Portfolio?
Before you can transfer from your Retirement Portfolio, make sure you’ve done the following.
- Link your bank to Stash so we can transfer your cash to you (Learn how →).
- Sell all of the investments in your Retirement Portfolio and wait up to 3 business days for the sale to settle (Learn how →).
If you’re withdrawing all your funds, turn off Set Schedule for your Retirement Portfolio (Learn how →).
After the sale has settled, wait up to 6 business days for your cash to be available to transfer.
You cannot initiate a transfer from your Retirement Portfolio until any recent sales have settled (up to 3 business days) and any pending contributions have settled (up to 6 business days).
Once you’ve completed the above, please follow these steps.
- Log in to Stash on a web browser.
- Follow this link to start a transfer (https://app.stash.com/withdrawals/new).
- Fill out the form (follow the on-screen instructions).
- Wait 2 to 4 business days for your cash to be transferred to your linked bank.
Note: If you cannot complete the form in a browser, you can download the appropriate form below and follow the below instructions instead.
Roth IRA: Withdrawals of the money (Contributions) you put in are penalty and tax free. Prior to age 59 1/2 , withdrawals of interest and earnings are subject to income tax and 10% penalty. All earnings are tax free at age 59 ½ or older, assuming your first contribution was more than 5 years prior. Income Eligibility applies.
Traditional IRA: Withdrawing prior to age 59 ½, generally means you’re subject to income tax and a 10% penalty. Withdrawals after age 59 ½ are only subject to income tax but no penalty.
Please review the IRS website for additional information. This is not tax advice. Please consult with a tax professional for additional questions. Closing your Retirement Portfolio will not close your Stash subscription.
Related questions View all Retire
Q. The New Stash Banking—What’s New and What Changed
Beginning in fall 2022, Stash will be switching banking providers. This move will provide more autonomy for Stash in banking decisions, and will provide more benefits to customers. You can read about our decision here. You may be wondering—what steps do I need to take after I’ve transitioned my banking account?…
Q. Need to upload documents to verify your identity when opening a Stash account?
During the course of signing up for your new Stash account, we may ask you for proof of identity via either your driver’s license or passport. Why do we need this information? The USA Patriot Act requires us to verify your identity—it helps us keep all 6+ million Stashers safe,…
Q. What is happening to my Stash Banking Account issued by Green Dot Bank?
What is happening to my Stash banking account issued by Green Dot Bank? We are switching to a new banking partner. The transition is easy. We’ll transfer your funds automatically in just a few minutes. If you do not complete the transition,…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.Ask your question
Fiduciary 101: Why it’s Our Job to be Your Advocate
It’s a big word that means a lot when it comes to handling your money. It defines a relationship built on trust and duty.
Debt and Equity: What Every Smart Investor Needs to Know
You can invest in debt & in equity, but do you really know what that means? We break down the jargon.