Where can I find the rules for IRA custodians and their handling of client funds? In other words, how long can an IRA custodian legally hold funds before posting them to the IRA account? For example, if an IRA custodian receives rollover funds from another institution and deposited into their lockbox on 8/1 and their Compliance Dept doesn’t even look at it for 20 days until 8/21, and then the funds are actually deposited into the account on 8/31 with an effective date of 8/21, would that be reasonable? Has anyone else experienced such long delays? More importantly, is there legal precedence or IRS rules that describe how long a custodian can legally hold rollover-in funds for a client?