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Werewolfdad t1_iy1xc8n wrote

You need to wait longer for the funds to clear

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Grevious47 t1_iy1x77d wrote

Where is the "there" that you put money into? The settlement account of the IRA or somewhere else?

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Shot-Bobcat-2759 t1_iy1xguw wrote

Yes the IRA’s settlement account

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Grevious47 t1_iy1xncn wrote

I mean id guess this is just because its a holiday weekend. Give it until next week. Id it isnt sorted by tuesday can call. But you added these funds on Thanksgiving and now its Sunday. This is like a bank, they have days off.

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DeluxeXL t1_iy1xgej wrote

Wait one more trading day. Mutual funds like FZROX settle one day faster than ETFs and stocks. The first "cash available to trade" is for ETFs and stocks, not mutual funds. Also, a new account, holidays, new bank, etc. can delay deposit availability.

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Shot-Bobcat-2759 t1_iy1xp6q wrote

That might be it? “Account value”, “Cash available to trade”, “Settled cash” are all $541. “Available to withdraw” is the only one that is $0.

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micha8st t1_iy2angc wrote

The money isn't fully there yet. Such transfers take time to be trusted that they've actually occurred. This is money, after all.

The last thing they want is for the trade to occur and to have some oddity occur meaning the money didn't really get transferred.

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fly_eagles_fly t1_iy2ow7j wrote

If it says “cash available to trade” then it’s ready. They don’t need to wait for it to clear. This is likely because it’s the weekend

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Shot-Bobcat-2759 t1_iyb0qno wrote

Fast forward a few days and I still can’t trade it for FZROX, but something weird just happened: my account just loaded up with FDFIX, FIBUX, FLAPX, FITFX, and FLXSX even though I authorized none of them. Sure enough, the total there adds up to 541.66 even though the core fund also says 541.66.

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fly_eagles_fly t1_iyb6ysi wrote

Something isn’t right. Have you called?

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Shot-Bobcat-2759 t1_iyb9g7a wrote

Not yet though I probably should. It’s like a certain allocation was already picked for me although my original understanding was that I would select it.

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