Skip to main content.
Retirement Transfers  

Retirement Transfers/Rollovers

Want to consolidate your IRAs all in one place? We can help.

We make it easy to bring your IRAs together to help make tracking and managing your investments easier.
There are three types of transactions involved with moving your retirement funds (IRA, 401K, section 457, TSA, etc).
  • Trustee Transfer - IRA funds are moved between financial institutions for you, you never take receipt of the funds
  • Direct Rollover - A direct rollover is the movement of funds from an employer-qualified plan to a Traditional IRA (direct rollover may be permitted to a Roth IRA)
  • Indirect Rollover - Funds are moved from a retirement plan at one financial institution, to a retirement plan at another financial institution. You will receive a check for the funds and at tax time you will be required to show that the funds deposited into another qualified plan. After moving IRA funds by this method, you must wait 365 days to do it again by this same method. Check with your tax advisor before initiating this type of transaction.
Before initiating any retirement funds transfer, it's important to check with your current financial IRA custodian/trustee to find out if any fees or penalties are associated with these transactions.

Contact Us
Still have questions?  Email Us  |  Visit your neighborhood branch.  |  877.672.2265
Online Banking Login
  Locate a North Shore Bank branch in your neighborhood. Locations
& ATMs
Contact North Shore Bank. Contact
  Interest Rates Rates Open your account or apply for a loan. Open
  Ask Us A Question FAQs Learn more about our Video Teller system. 70 Hours,
7 Days a
Top Frequently Asked Questions
Learn more about North Shore Bank's products and services. Pay Your Loan Online - Find out how.
Learn more about North Shore Bank's products and services.
North Shore Bank Debit Cards Support Apple Pay
Named one of American Banker's Best Banks to Work For in 2015
Pay Your Loan Online - Find out how.

Routing Number: 275071356    Customer Service: 877.672.2265
Routing Number: 275071356 | Customer Service: 877.672.2265 | Member FDIC | Copyright North Shore Bank