How do I close my Investment account?

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Close your Redwood Individual account

If you have decided to close your mutual fund account, you have 2 options:

  • Sell any shares you own. Once you've sold your shares your account value has reached $0, the account is considered liquidated and closed. If after you’ve liquidated the account, you’d also like us to disable the account, please email us to request deactivation. After deactivation, you can simply email us again if you’d ever like to request reactivation.
  • Complete paperwork with the new custodian. Once the transfer paperwork has been completed, signed, and medallion signature guaranteed, it can be sent to us via fax or mail to request the transfer of funds via check.
    • Fax: 919-882-9281
    • Overnight & regular mail can be received at: 116 South Franklin St. Rocky Mount, NC 27804
    • ONLY regular mail can be received at: PO Box 4365 Rocky Mount, NC 27803

 

Close your Redwood IRA

There are 2 options for closing a Redwood IRA

  • Sell any shares you own. Once the value is $0 the account is considered liquidated and closed. If you change your mind and choose to come back at a later date, you will be able to purchase shares once again.You have 60 calendar days to deposit 100% of the value sold into another IRA before incurring any early withdrawal penalties imposed by the IRS.
  • OR, Rollover your account value to an external IRA
      • Indirect Rollover: Sell any shares you own. You have 60 calendar days to deposit 100% of the value sold into another IRA before incurring any early withdrawal penalties imposed by the IRS. There is a limit of one indirect rollover per rolling 12 months for IRAs, so please keep this in mind.
      • Direct Rollover: The custodian of your alternate retirement account can initiate the process by faxing paperwork to (919) 882-9281 or mailing it to:

GreenFi Redwood Fund

c/o Nottingham Shareholder Services

116 S Franklin Street

Rocky Mount, NC 27804

  • There must be a Medallion Signature Guarantee included on the transfer paperwork in order for the funds to be sent directly to the custodian.

If after you’ve liquidated your IRA account, you’d also like us to disable the account, please email us to request deactivation. After deactivation, you can simply email us again if you’d ever like to request reactivation.

 

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