Take control of your retirement strategy
Leaving retirement assets in a plan held by a previous employer when changing jobs or moving on to a new career opportunity may not be to your best advantage. When you leave your assets behind, you may not have the best opportunity to ensure the plan fits your retirement strategy.
Instead of leaving your retirement investments behind, why not roll those assets over into a Scottrade IRA? Rolling your existing plan over to a Scottrade IRA can help you to take control of your financial strategy and keep saving for retirement – with the added convenience of no set-up, transfer or maintenance fees and thousands of commission-free investments to choose from.
An IRA Rollover with the confidence of Scottrade
There are several ways to distribute the assets of your old 401(k) plan, including leaving them with your former employer, depositing them with your new employer or cashing out. These choices may not suit your needs as they could impact your ability to effectively manage your savings. Instead, consider rolling your previous IRA into a Scottrade IRA account.
When you roll your previous retirement plan into a new or existing Scottrade IRA, you not only take control of your assets, you also get the following valuable account features, including:
- Both Traditional tax-deferred and tax-free1 Roth IRA account options
- Retirement planning calculators – and a host of customizable investment tools designed to help you do more with your money
- Free investment education
- Scottrade® Daily Market Commentary series brought to you by Learning Markets – available on demand
- educational videos – available on demand
- Independent market research
- Financial news
- One-on-one support when you need it
- over the phone
- at one of 500+ local branch offices near you
- Free access to real-time quotes and charts
Managing your retirement savings is easier with Scottrade
Consolidating your assets with a Scottrade account could assist you in more efficiently managing your financial strategy and your money. Our convenient single login helps to simplify record keeping and enhances your ability to move your money between accounts while customizable tools help you to quickly assess opportunities.
Rolling your existing retirement account into a Scottrade IRA will let you take advantage of a wide range of mutual funds, stocks, bonds and ETFs, including thousands of commission-free investments2, while helping you maintain the tax status of your IRA.
In addition to retirement savings from your previous employer, such as 401(k) rollover, it may be possible to roll other account types into to your new Scottrade IRA account. These could include 403(b) accounts offered by school, hospital, museum, foundation or other non-profit, tax-exempt employers; tax-sheltered annuities (TSAs) and tax-deferred annuities (TDAs); and 457 plans.
Rolling over your IRA and retirement savings plans to a Scottrade account is easy. Scottrade does not charge set-up, transfer or maintenance fees and will even reimburse up to $100 in other brokerage transfer fees*. Plus, with the new online Scottrade® Bank you can quickly and conveniently move money and manage your accounts. Now that’s doing more with your money.
Before making any rollover decisions, investors should research and consider all available retirement options carefully. Your decision should reflect consideration of various factors, including the benefits and penalties involved. Some of these factors include, but are not limited to, investment or account related fees and expenses, differing levels of service available, withdrawal penalties, creditors and legal protections, required minimum distributions, and factors related to owning employer stock. The importance of these factors will vary depending on your individual needs and circumstances. Tax consequences may vary depending on state law and your individual situation. Scottrade does not provide tax advice. Please consult your tax or legal advisor for questions concerning your personal tax or financial situation.
1Scottrade does not charge set-up, termination, inactivity or annual maintenance fees. Applicable transaction fees still apply.
2Select investments are commission free to those using Scottrade's online platforms. Other fees and charges may apply.
Terms & Conditions
*Scottrade will reimburse the account transfer fees up to $100 charged by another broker when you transfer your account with a value of $10,000 or more to Scottrade. You must apply for the fee reimbursement offer by completing and submitting a Scottrade Account Transfer Reimbursement Request form and a statement providing proof of imposed transfer fees. Account Transfer Reimbursement Request forms and proof of transfer fees can be mailed, faxed or personally delivered to your local Scottrade branch office. Reimbursement will be made to your account via a credit within 30 days of receipt of the Account Transfer Reimbursement Request form and proof of transfer fees. The transfer reimbursement does not currently have a termination date. However, Scottrade reserves the right to terminate this offer at any time without prior notice or extend the offer at its sole discretion. Void where prohibited.