December 31 is an important tax deadline for items such as Roth IRA conversions, Fair Market Valuations, and Required Minimum Distributions (RMDs). To ensure your items are processed on time, please follow these guidelines.
Take note of the dates Equity Trust will be closed in honor of holiday observances:
November 24 - Thanksgiving
November 25 - Thanksgiving
December 23 - Christmas
December 26 - Christmas
January 2, 2016 – New Year’s Day
Equity Trust must receive all forms, documentation, or other paperwork in good order by December 1, 2016 in order to process your request by year-end. Requests received after December 1, 2016 may be subject to a $50 Expedited Processing service fee.
Expedited transaction requests must be received by December 15, 2016 in order to be processed by the end of the year - provided all forms, documentation, or other paperwork is in good order. Unfortunately, requests received after December 15, 2016 are not guaranteed to be processed by December 31, 2016.
Be sure to complete your 2016 RMD if you have a traditional IRA and are 70½ or older.
Take the opportunity to avoid some stress at one of the busiest times of year by addressing these important transactions early. If you have any questions or need assistance with completing a Roth conversion, Fair Market Valuation, or taking a Required Minimum Distribution, please reach out to our Client Service Team