How to withdraw from an IRA?
If you want to withdraw an IRA, please contact us at help@composer.trade.
Our team will send you an IRA Distribution Request Form to complete and sign. This form will detail the withdrawal amount, reason for withdrawal, and your tax withholding preferences at a state and federal level.
If you select to withdraw the full amount, our clearing partner, Apex, will close your account and a $60 account closure fee will be withheld from your withdrawal.
This material is for informational purposes only and is not intended to be a substitute for consultation with a qualified tax professional before making decisions related to your retirement account(s). Withdrawing from your IRA may have tax and penalty implications. It’s up to you to make sure that you identify and consider these implications. Consult a tax professional for any and all considerations. Visit the IRS website for further information.