Personal Finance (Not Investing) • Vanguard Hold--can't backdoor?

I just transferred some money in from my bank to contribute to a non-deductible IRA. Vanguard has a giant alert saying funds are subject to a 7-day hold (side note: why can't they say this before you transfer money?), but that one can purchase VG Mutual funds. And the brokerage account lists the money as "available to trade."

However, when I go to contribute to the IRA it says there are no funds available.

Is there a different sequence of clicks on the website I should be doing or is the money just not available at all for several more days? I rarely contribute money to my VG account

Thanks

Statistics: Posted by ScubaHogg — Thu Dec 26, 2024 9:46 am — Replies 6 — Views 266

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