Skip to main content
No. of Recommendations: 0
I'm wondering if I can set up automatic withdrawls to our IRAs via our ING account. My IRA is with Vanguard, and they'll allow withdrawls form anyone one the ACH (atuomated clearing house), which INg has since they have a routing number. But does ING allow anyone other than the linked banks to withdraw money?

I have looked on the site, and searching this board, but haven't found anything about this yet. A coupe people said they linked their brokerage, but since it's our IRA, there aren't checks with this type of account.

I suspect you could do it. As long as the ACH transaction is originating as a pull from another institution (that has your authorization on file) I don't think ING is going to stop it. It's worth a shot at filling out your Vanguard paperwork just to see what will happen. And I have seen messages from people who've posted they've done ACH "pulls" from ING.

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.