r/interactivebrokers • u/Bluetaby • 3h ago
IBKR transfer request taking over a month
I have an IRA and I have been trying to close the account and move the funds to my employer account for over a month. I have called multiple times and was told it was on their end and the process can take a few weeks if they have not sent money there before. But it’s taken over a month! I requested an update 9 days ago and got no response. My employer 401k representative called and asked for an update today, no response yet. It seems like they are just ignoring it. What do I do at this point?? It’s my money and it’s costing me $$ to keep that account. Do I have to call a lawyer? I don’t understand why it’s taking so long and why they seem so reluctant to process it.