TD Ameritrade

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Open an IRA

+ get up to $600*

See details

Rollover IRA

Make the most
of your old 401k
Setting financial goals starts with listening

Start your rollover now

With a rollover IRA, you get access to the tools, guidance, and low-cost investment choices to design a portfolio that puts you in control of your investments. And our helpful retirement consultants will work with you throughout the rollover process, from start to finish. Give us a call at 800-213-4583 and let's talk about your financial future.

Open an IRA
+ get up to $600 cash*See details

Open new account

Roll over your old 401k to TD Ameritrade in three simple steps:

1Open a TD Ameritrade IRA

Take 15 minutes** to open your IRA online. Be sure to select "IRA Rollover", fill in your contact information, and designate a beneficiary. If you need help with your 401k rollover, please call 800-213-4583 to speak with one of our knowledgeable retirement consultants

2Fund your account

Contact the plan administrator from your previous employer-sponsored retirement plan and be sure to have your latest statement and Social Security Number handy. Ask for the appropriate company rollover forms and request the transfer of your current retirement account funds in one of three ways:


Direct rollover | wire

Request to have the funds wired into your TD Ameritrade account


Direct rollover | check

Request to have a check made out to "TD Ameritrade Clearing, Inc., FBO [YOUR NAME], [YOUR ACCOUNT NUMBER]"


Indirect rollover

Request that the plan administrator send you a check made payable to you

Please note, depending on your previous employer-sponsored retirement plan’s administrator, your funds can take anywhere from 5 to 20 business days to be deposited into your TD Ameritrade account.

Learn More

3Build your portfolio

Once the funds are deposited, it’s time to start building your portfolio. Whether you are more hands-on or prefer some guidance, we offer a variety of solutions that are sure to fit your investment style.

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Portfolio Allocation Models
With a TD Ameritrade IRA, you'll have access to education, tools and research to help you create your investment strategy. Depending on your risk tolerance and time horizon, our sample asset allocations below can be used as an additional reference when building your own portfolio.
Conservative
  • Seeks to minimize both risk and loss of principal
  • Is heavily weighted toward fixed income and cash
  • Allocations seek to limit volatility
Moderate
  • Seeks lower, more stable potential returns
  • Is weighted toward fixed income and cash
  • Limits exposure to equities to help avoid volatility
Moderate Growth
  • Seeks modest growth
  • Nearly balanced between equities and fixed income
  • May incur moderate volatility
Growth
  • Seeks a significant amount of investment growth
  • Is weighted towards equities
  • May incur large market fluctuations
Aggressive
  • Seeks a very significant amount of investment growth
  • Is heavily weighted towards equities
  • May incur large market fluctuations and increased risk of loss
Close X
Portfolio Allocation Models

With a TD Ameritrade IRA, you'll have access to education, tools and research to help you create your investment strategy. Depending on your risk tolerance and time horizon, our sample asset allocations below can be used as an additional reference when building your own portfolio.

 

Conservative

  • Seeks to minimize both risk and loss of principal
  • Is heavily weighted toward fixed income and cash
  • Allocations seek to limit volatility

 
Moderate
  • Seeks lower, more stable potential returns
  • Is weighted toward fixed income and cash
  • Limits exposure to equities to help avoid volatility

 
Moderate Growth
  • Seeks modest growth
  • Nearly balanced between equities and fixed income
  • May incur moderate volatility

 
Growth
  • Seeks a significant amount of investment growth
  • Is weighted towards equities
  • May incur large market fluctuations

 
Aggressive
  • Seeks a very significant amount of investment growth
  • Is heavily weighted towards equities
  • May incur large market fluctuations and increased risk of loss

Why choose a TD Ameritrade IRA

…

Helpful support

Whether it's contacting administrators, helping with paperwork, discussing retirement goals, or explaining rollover options, our retirement consultants are here for you every step of the way.

…

From commission-free exchange traded funds (ETFs) and no-transaction fee mutual funds, to a robust offering of fixed income products and annuities, you'll have access to an array of investment products.

…

Tools and calculators

Answer a few questions in our Retirement Calculator to see if you're on the track with your retirement goals. And if you're not sure what type of IRA is right for you, check out our IRA Selection Tool.

…

Our advisory affiliate, TD Ameritrade Investment Management, LLC, offers a suite of managed portfolios to help you pursue your financial goals. From automated investing to more customized portfolio management, everything is designed to help you manage your money and be as involved as you want to be.

Come in for a complimentary goal planning session.

Learn more

Review your retirement plan rollover choices

Use the 401k Rollover Calculator or see the chart below to help determine if rolling over your assets into a TD Ameritrade IRA is right for you. If you have questions, call 800-213-4583 to speak with a retirement consultant about your specific needs. You can also download the helpful Rollover Pocket Guide for easy reference.

Roll over your old 401k into a TD Ameritrade IRA

Advantages
  • Your investments will remain tax-deferred until you withdraw them
  • You will have access to a wide range of investments, including mutual funds, ETFs, stocks, bonds, options and more
  • You will have access to a wide range of tools, resources, and services
  • You may have the flexibility to convert to a Roth IRA
  • You may still have the option to move assets to a future employer’s plan later
  • You may be able to take penalty-free withdrawals prior to age 59½ in special circumstances (such as higher education expenses, health insurance premiums or a first-time home purchase)
  • Your TD Ameritrade IRA will not incur an annual account maintenance fee
Disadvantages
  • You will not be able to take a loan against your account
  • Any outstanding plan loan balances would need to be repaid prior to rolling over or you may incur income taxes and potentially a 10% tax penalty
  • Your investment activity may incur trading-related expenses, including commissions
  • You may not have access to the exact same investments in an IRA that you had in your plan
  • The level of protection from creditors for assets in an IRA is lower than in a plan
  • If you hold appreciated employer stock in your former employer's plan account, there may be tax consequences. You should consult with a tax advisor

Leave the assets in your former employer’s plan

Advantages
  • Your investment plan choices may include low-cost, institutional-class products
  • Your total costs may be lower than other alternatives
  • Your investments will remain tax-deferred until you withdraw them
  • You may be able to take loans against your account
  • You may not have to take any action or complete additional paperwork
  • You may be able to take penalty-free withdrawals if you left your old employer between age 55 and 59
  • Your retirement plan balances may be protected from creditors and legal judgements under federal law
  • You may still be able to roll over to a future employer's plan later
  • You would still have access to investor education, guidance and planning provided to plan participants
  • The investment choices on your plan menu were selected by a plan fiduciary
Disadvantages
  • Your investment choices would be limited to those in the plan
  • Your former employer may pass certain plan administration or recordkeeping fees through to you
  • Even though you would still participate in the plan, you would not be able to contribute any new funds
  • Managing your investments among multiple accounts can be a lot of work

Roll over the assets into a new employer’s plan

Advantages
  • Your total costs may be lower than other alternatives
  • Your investments will remain tax-deferred until you withdraw them
  • You may be able to take loans against your account
  • You may be able to take penalty-free withdrawals if you leave your new employer between age 55 and 59
  • Your retirement plan balances may be protected from creditors and legal judgements under federal law
  • Your plan investment choices may include low-cost, institutional-class products
  • You may have access to investor education, guidance and planning that your new employer provides to plan participants
  • The investment choices on your plan menu were selected by a plan fiduciary
  • If you roll over to a new employer's plan you may not have to take required minimum distributions (RMDs) at age 70½ if you decide to keep working
Disadvantages
  • Your investment choices would be limited to those in the plan
  • Your new employer may pass certain plan administration or recordkeeping fees through to you
  • You may be required to complete paperwork to have your assets moved over
  • If you hold appreciated employer stock in your former employer's plan account, there may be tax consequences. You should consult with a tax advisor.

Take a cash distribution

Advantages
  • Your money (after any taxes and applicable penalties) will be immediately available to you
Disadvantages
  • Your retirement savings will be depleted
  • The amount that you cash out will be subject to mandatory 20% withholding for federal taxes if under age 59½
  • Your distribution will be subject to applicable federal, state and local taxes
  • You may be subject to a 10% penalty if you are under age 59½

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