401(k) Rollover

Managing your money shouldn't be as hard as earning it

A 401(k) rollover from a previous employer's plan into an IRA could be right for you if you're changing jobs, retiring soon or already enjoying retirement.

Rolling over your old employer plans into a TD AMERITRADE EASY IRA can help you better manage your savings and can provide access to a broad range of investments, while maintaining the tax deferred status of your retirement assets.

Get started today

If you do not have a TD AMERITRADE Rollover IRA Account

Open an IRA account
Select "Rollover" as the method to fund your account.
Contact the plan administrator of your old retirement plan to complete and submit their paperwork.

If you already have a TD AMERITRADE Rollover IRA Account

Contact the plan administrator of your old retirement plan to complete and submit their paperwork to roll your money directly into a TD AMERITRADE IRA or to mail you a check.
If the plan administrator mails you a check, use the Individual Retirement Account (IRA) Deposit Slip to deposit it into your account.

Distribution methods for your old 401(k)

When you leave a job, your retirement assets may languish in your old plan for years. There are several ways, however, to distribute the assets of your old 401(k) plan. Below is a comparison of your choices with the advantages and disadvantages of each. You may also want to learn more about rollovers by reading our article, Changing Jobs or Retiring.

Explore your options with our 401(k) Rollover Calculator.

Choices	Advantages	Disadvantages
Open a TD AMERITRADE Easy IRA	Assets remain in investments tax-deferred. Wide choice of investments Ability to consolidate multiple retirement accounts from previous employers Flexibility to convert to a Roth IRA (if eligible) Option of moving assets to a future employer plan	Penalty-free withdrawals prior to age 59½ are not permitted unless an exception applies (purchase of first home, disability, medical expenses) Loans are not permitted
Leave assets in your former employer's plan	Assets remain in investments tax deferred	Limited access and control Generally, limited investment choices Eligibility may lapse Money is left with former employer
Roll over your assets to your new employer plan	Assets remain in investments tax deferred. Loans may be permitted	Limited access and control Generally, limited investment choices May not be eligible to join the plan until a year of service has been completed Not all employees provide this option
Take a cash distribution	The distribution amount is immediately available to you	The withdrawal depletes your retirement savings. Mandatory 20% withholding for federal taxes if under age 59½ State and local taxes may apply Distribution may be subject to 10% IRA penalty if under age 59½ Lose the opportunity to grow assets tax deferred

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TD AMERITRADE does not provide tax advice. We suggest that you seek the advice of a tax-planning professional with regard to your personal circumstances.

Offer valid for individuals who open a new TD AMERITRADE retirement account or a new eligible TD AMERITRADE Investing Account (IRA) using the Amerivest service by 12/31/09 and meet funding requirements within 6 months of account opening. Funding/rollover of $25,000 - $99,999 receives $100, funding/rollover of $100,000 - $249,999 receives $250, funding/rollover of $250,000 or more receives $500. Limit one offer per client. Not transferable and not valid with internal transfers or with other offers. Cash awards are valid within your IRA only and non-transferable to another existing TD AMERITRADE account. Please consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules. Void where prohibited. Please allow 3-5 business days for any cash deposits to post to account. Account must remain open with minimum funding for 9 months, or TD AMERITRADE may charge the account for the cash awarded to the account. TD AMERITRADE reserves the right to restrict or revoke this offer. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Amerivest is an investment advisory service of Amerivest Investment Management, LLC, an SEC registered investment advisor. Brokerage services are provided by TD AMERITRADE, Inc. Amerivest Investment Management, LLC and TD AMERITRADE, Inc. are both wholly owned subsidiaries of TD AMERITRADE Holding Corporation. Amerivest is a trademark of TD AMERITRADE IP Company, Inc. Amerivest provides non-discretionary and discretionary advisory services for a fee. Risks applicable to any portfolio are those associated with its underlying securities.