Roll Over Your Old 401(k) Accounts - Consolidate Your Retirement Savings Open an IRA Learn how to get up to $600 when you open a new IRA

A rollover IRA may be an appropriate move for a couple of reasons.

  • Rolling over your old 401(k) balances can give you a more consolidated view of your retirement funds making it easier for you to manage your finances.
    Learn more about rollover IRAs »
  • Rolling over makes it easier to tell if your assets are allocated properly based on your goals, timeframes and risk tolerance.1
Did you know?
Did you know?
Asset allocation refers to spreading your investments over different asset classes, such as stocks and bonds.

Choice - Brokerage IRAs may offer more investment choices and lower fees than employer-sponsored retirement plans, helping preserve more of your nest egg.

Control - A rollover makes it easier to track and manage your investments and could save recordkeeping headaches. Plus, a rollover IRA maintains the tax advantages of your 401(k) account.2

Monitoring - Investing for retirement is more convenient when your retirement funds are in one place. This can help make sure your investments are allocated correctly to help you pursue retirement goals, based on your time horizon, risk tolerance and liquidity needs.
Need to know more?
Read more about how to keep your retirement savings on track when you change jobs or retire.
1Figure Out Where Your Investments Are
Collect one of each of your statements, and your account numbers, from your old 401(k) plans. If you're missing some, call your former employer(s) and they can help.
2Roll Over Your Accounts to an IRA
Fill out a rollover form from your previous plan and return it, following the instructions your former employer gives you.
If you receive the funds directly from your old plan(s), you must deposit those funds into a rollover IRA within 60 days.3
A Merrill Edge representative can call your previous employer(s) with you to help with the rollover process.
Need to know more?
Add it all up. See how our Net Worth EstimatorTM can help you see your entire financial picture.
They'll send your rollover check for deposit into your rollover IRA.
3Choose Your Investments
Once you've opened a rollover IRA, it's time to choose your investments.
A Merrill Edge representative can help you make sure your assets are allocated properly, based on your goals, timeframes and risk tolerance.1
The Merrill Edge Solution
Merrill Edge provides the research, tools, and resources to help investors manage their finances and pursue their financial goals.
Access to Help
  • A Merrill Edge representative can answer your rollover questions, guide you through the rollover process, and update you on the status of your account transfer.
  • A representative will call your previous employer(s) with you to help with the rollover process.
Tools & Resources
Prefer to invest with guidance?
Open an Account with the Merrill Edge Advisory Center. A Financial Solutions Advisor can help. $20,000 to invest gets you started. Learn more » 

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1 Asset allocation, diversification and rebalancing do not assure a profit or protect against loss in declining markets.

2 Withdrawals made prior to age 59 ½ may be subject to a 10% penalty tax.

3 If you receive a check made out to you, your former employer is required to withhold 20% of the total amount, and when you deposit the check you must make up that percentage from your own resources. You can apply at tax time to get the withheld 20% back, but it could be a long way off. A better approach is to roll the money over without ever receiving it directly.