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  • 1.  redemption check

    Posted 08-26-2025 12:39 PM
    Hello Fund Svcs community! 

    We got three checks from two different donors issued by Vanguard with no letters or other backup. The donor's name is on each check which is labeled Redemption Check. Are these IRA distributions?

    Many thanks,

    Yana


  • 2.  RE: redemption check

    Posted 08-26-2025 12:44 PM
    It's best to call Vanguard and ask. A redemption check is cut when you tell Vanguard to sell an asset in one of your accounts. But that could be from a mutual fund, brokerage account, or IRA.

    John

    John H. Taylor, Principal
    John H. Taylor Consulting, LLC
    2604 Sevier Street
    Durham, NC     27705

    919.816.5903 (cell/text)

    Serving the Advancement Community Since 1987




    Original Message


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