You may have recently received communication from SmartStop of a planned liquidity event. This information, while helpful, may prompt further questions for you about your IRA holding. The cash proceeds from the liquidation of SmartStop will be added to your Morrill & Janes Bank and Trust NOW account. After the funds have been added to the Morrill & Janes Bank and Trust NOW account, you have several options available to you.
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 Listings 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.
Distribute the proceeds from your IRA to your address, bank, or to a third party. You must submit a FTR Withdrawal/RMD Request form in order for us to properly distribute the funds. This will be a taxable event.
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.