What types of assets can I invest in the R Account? There are two primary types of assets you can invest in your R Account - retirement investments (tax-deferred) and general investments (taxable) - and for tax reasons these different asset types are kept apart in 'Retirement' portfolios and 'General' portfolios. Retirement assets are tax-deferred, employer-sponsored (old) retirement plans such as a 401(k), 403(b) and 457(b) and Independent Retirement Accounts (current or old) such as a traditional IRA, SEP IRA, SIMPLE IRA or Rollover IRA. You can transfer these assets directly to your R Account where they will keep all their tax advantages. You can also transfer your retirement plan final distribution. These are all known as 'Qualified Assets. For more information about these - Answers to your questions about Qualified Assets General assets are taxable investments that include stocks and bonds, mutual funds, savings accounts and certificates of deposit. Assets of both types are liquidated before they are transferred to the R Account. Liquidating general investments may create a tax event. Back To Top We have a Joint Investment Account. Can I invest these assets? Yes you can. You can open a Joint-Ownership General Investing Portfolio. Back To Top I have a Trust Account set up. Can I invest these assets? Unfortunately we are unable to accept Trust Account transfers at this time. We will be offering this at a future date. If you would like us to contact you when this becomes available, please email us at help@moneymasters.com Back To Top What is the minimum balance I can use to fund a portfolio? There are no minimum opening balances for both a General Investment R Account and a Retirement R Account. Back To Top Can I transfer my Children's College Fund into my R Account? If the assets are legally yours, you can invest them in your R Account. Before you do, please discuss the implications with your advisor - (help@moneymasters.com). Back To Top Can I write checks on my R Account? The R Account is not a checking account but you could have access to money if you were to liquidate some investments. This will, however, create a tax event. Please bear in mind that the R account is designed for longer-term investments. If you foresee the need for regular withdrawals it may be better for you to open a high-interest savings account. Back To Top How often can I make deposits into my R Account? You can make regular deposits of taxable funds into your General Investment portfolio/s, by EFT or check or by transferring assets from other investments. You can also make regular deposits, by EFT or check, into your Retirement Investment portfolios, subject to the statutory annual contribution limitations. Back To Top How often can I make withdrawals from my R Account? The R Account is not a checking or savings account but you could have access to money if you were to liquidate some investments. This will, however, create a tax event. Please bear in mind that the R account is designed for longer-term investments. If you foresee the need for regular withdrawals it may be better for you to open a high-interest savings account. Back To Top How do I make a withdrawal from my R Account? On your own personal R Account website you will find a complete guide to making withdrawals. As a general rule, all withdrawals require the liquidation of assets. If you are concerned about the possible tax implications, please call us on 1-800-266-9191 or email to help@moneymasters.com Back To Top