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
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
- 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.
Figure 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.
Roll 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.
They'll send your rollover check for deposit into your rollover IRA.
Choose 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
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