You may have recently been made aware that the New York REIT, Inc. is liquidating. First Trust Retirement will remain as your custodian but this merger has caused changes which are outlined below.
Starting on October 15, 2018, this fund has been limited to only processing the below requests:
If FTR receives requests outside of what is mentioned above for your New York REIT Liquidating LLC IRA, the paperwork will be rejected.
As always, we encourage you to seek the guidance of your professional financial representative and/or tax advisor when making these important investment decisions.
Please return to our Corporate Actions page for answers to additional questions you may have.
You can keep your position and remain with First Trust Retirement. Enjoy the same benefits that you’ve always had.
Please select from alternative investment sponsors listed below, complete the required paperwork, and enjoy the same great service at the same low cost.
You can call us, or utilize the ARC Liquidation Request Form by fax or mail to complete a sale order of your shares and move the proceeds to a cash position within First Trust Retirement.
To send sale proceeds to a different account other than the First Trust Retirement IRA, submit completed transfer paperwork from the new financial institution by mail. Please consult your financial representative. There may be fees associated with this option.
Stay with First Trust Retirement and move your IRA to another alternative investment. Complete the IRA Transfer/Rollover form, FTR IRA Application*, and the new Sponsor's subscription documentation. Sign all forms and mail to the appropriate address listed on the form.*IRA Application only required if IRA account does not exist within Product Sponsor.