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Transferring Assets
Ways to fund your TD AMERITRADE online brokerage accounts
You can transfer assets in the following ways:
Transfer assets from an existing TD AMERITRADE account into another TD AMERITRADE account
Transferring assets between two online brokerage accounts is easy with TD AMERITRADE. See Online Brokerage Account Types for information on minimum initial deposits.
- Transferring assets between two TD AMERITRADE accounts requires an Internal Account Transfer Form.
- The form must be signed and dated by all account owners of the delivering account (the account the funds are coming out of). However, if a debit balance is part of the transfer, the receiving account owner signature(s) will also be required.
- All contributions to an IRA must be made in cash. Stocks may only be deposited into an IRA if they were taken as a distribution within the last 60 days.
- Transfers from a qualified retirement plan are typically completed by following the instructions of the administrator of the plan and may not require that you complete a TD AMERITRADE Account Transfer Form. Please contact your plan administrator to determine their procedures and your eligibility for removing funds from the plan.
Please realize that trading in the delivering account may delay the transfer.
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Transfer assets from another firm into a TD AMERITRADE account
A minimum of $2,000 equity is required to open an Individual or Joint account and a minimum of $1,000 in equity is required to open an IRA at TD AMERITRADE. Special promotional offers may have different requirements.
To expedite your account transfer, the name(s)/title on the account to be transferred must match the name(s)/title on your receiving TD AMERITRADE account. Please read the important information below.
Please submit a separate Transfer Form for each account you are requesting to transfer.
Be sure to include a copy of your most recent statement.
To protect our clients, it is TD AMERITRADE's policy to act only on transfer requests where the name(s)/title on the account to be transferred matches the name(s)/title on the receiving TD AMERITRADE account. Please read through the examples below for further information and instructions regarding transferring your account(s). (Please note: Once your transfer is complete, you may add or remove account owners on your TD AMERITRADE account, or establish other TD AMERITRADE accounts without like titles which you can transfer between internally.)
Examples of Acceptable/Unacceptable Transfers
(In all examples below, the account to be transferred is listed first, and the TD AMERITRADE account title is on the right.)
| -FROM- |
John Q. Public, Jr.
Jane A. Public JTWROS |
-TO- |
John Q. Public, Jr.
Jane A. Public JTWROS |
| -FROM- |
John Q. Public, Jr.
Jane A. Public JTWROS |
-TO- |
John Q. Public, Jr. Individual
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Options to produce an acceptable transfer for the situation above:
- Add the same co-owner to the account at delivering firm, thus a Joint account transferring to a Joint account.
- Open an Individual account at TD AMERITRADE, thus an Individual account transferring to an Individual account.
What to Expect When Transferring Your Account
Transfer Time Frames
Most total account transfers are sent via ACATSACATS
Automated Customer Account Transfer Service, is a regulated system through which the majority of total brokerage account transfers are submitted. Member firms of the NSCC are required to submit total account transfers through this system. These transfers take approximately five to eight business days upon initiation. and take approximately five to eight business days upon initiation. Any residual balances that remain with the delivering brokerage firm after your transfer is completed will follow in approximately 10-20 business days. If you have any questions regarding residual sweeps, please contact the transferor firm directly. Generally, transfers that cannot be accomplished via ACATSACATS
Automated Customer Account Transfer Service, is a regulated system through which the majority of total brokerage account transfers are submitted. Member firms of the NSCC are required to submit total account transfers through this system. These transfers take approximately five to eight business days upon initiation. take approximately three to four weeks to complete, although this time frame is dependent upon the transferor firm and may take longer.
Mutual Funds
Some mutual funds cannot be held at all brokerage firms. This typically applies to proprietary and money market funds. These funds will need to be liquidated prior to transfer.
Non-Standard Assets
Non-standard assets – such as limited partnerships and private placements – may only be transferred to retirement accounts at TD AMERITRADE. Additional fees will be charged to transfer and hold the assets. Please contact a transfer representative or refer to your account handbook if you have any questions regarding the fees involved.
Margin and Options Accounts
If you are transferring a margin and/or options account with an existing debit balance and/or options contract, please make sure that you have been approved for margin/options trading in your TD AMERITRADE account. Please refer to your Margin Account Handbook or contact a TD AMERITRADE representative to ensure your account meets TD AMERITRADE's margin requirements.
IRA Debit Balances
If your firm charges a fee to transfer your account, a debit balance could occur once your transfer is complete. You can avoid this by contacting your delivering broker prior to transferring the account.
To resolve a debit balance, you can either:
- Fund your account with an IRA contribution (IRA contributions must be in accordance with IRS rules and contribution limitations).
- Liquidate assets within your account.
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Roll over a 401(k) or other employer-sponsored retirement plan into a TD AMERITRADE account
If you’re looking for a way to consolidate your old 401(k)s or other qualified retirement plans – such as 401(a)s, 403(b)s, ESOPs, Keoghs, profit-sharing plans or defined benefit plans – into an account
that’s easy to manage and monitor, consider rolling it over to a TD AMERITRADE Easy IRA. You could be eligible if you’ve met one of the qualifying events as outlined in IRS regulations.
You can set up your TD AMERITRADE Easy IRA as a Rollover IRA, which may allow you to move the funds to another qualified retirement plan in the future, or set it up as a tax-deferred
Traditional IRA. Check with your tax advisor to determine which type of IRA will better suit your needs.*
Questions about your rollover? Please see Frequently Asked Questions About Transferring Your Account or call 800-213-4583 to speak with a Retirement Specialist.
Please note: The name/title of your new TD AMERITRADE account must be the same as the name/title of the account at the firm you are transferring from.
*At this time, TD AMERITRADE is unable to directly roll over a qualified retirement plan to a Roth IRA. Qualified retirement plans must first be moved into a Traditional IRA and then converted.
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