Transfer Your IRA

 
Get
up to
$
600
when you transfer your current IRA directly into a Merrill Edge® IRA and enjoy the benefits of streamlined investing.
 
 
Simple flat-rate pricing (online stocks & ETFs). Other fees may apply.Footnote 1
In-person advice
Real-time transfers Footnote 4
Full range of investment choices
Mobile investing
Merrill Edge
2,000+ Footnote 3
locations
Fidelity
$4.95
170
locations
 
Charles Schwab
$4.95
300+
locations
 
E-Trade
$6.95
28
locations
 
TD Ameritrade
$6.95
126
locations
 

3 simple steps to transfer your IRA

Transferring your IRA is a convenient and tax-free way to consolidate your investments. The process (also known as a trustee-to-trustee transfer) is simple and we're here to help with award-winning service available 24/7.
1.

Open a Merrill Edge IRA

You can open an IRA online in minutes—just select the same type of account as the IRA that you're transferring (Traditional or Roth, for example). Here's what you'll need to open your IRA popup.
Already have an account? Log in to your account
2.

Transfer your IRA assets

Call us 24/7 at 888.637.3343. We'll help you complete the transfer process—all you need is an account statement from your current IRA.
Or, you can complete the Transfer of Assets form (PDF) and mail it to us. You'll need the account name and number from the institution where you have your current IRA.
Transferring securities from another financial institution typically takes 8-10 business days. There is no fee when you transfer your assets to Merrill Edge.
3.

Start investing

Invest with advice when you need it
Invest with a licensed Merrill Financial Solutions Advisor™, who can help you pursue your financial goals and plan for what matters most to you.

Why Merrill?

Simplified account management—log in once to view and manage your Merrill investment and Bank of America® bank accounts all on one page
 
Real-time transfers—instantly move funds between your Merrill investment and Bank of America bank accountsFootnote 3
 
Mobile account Access anytime, anywhere—see your Merrill investment and Bank of America bank accounts online, on your mobile device and at thousands of Bank of America ATMs
Merrill Edge has been recognized by J.D. Power by providing "An Outstanding Customer Service Experience" for Phone support for 8 years in a row.Footnote 6
Barron's 2019 Best Online Brokers Survey
One of the best online brokers, receiving 4 out of 5 stars six years in a row (2014, 2015, 2016, 2017, 2018, 2019).Footnote 5
Received 5 out of 5 stars for "research" and "user experience" — Kiplinger's Personal Finance, "Best Online Brokers" 2018Footnote 7
Ready to get started?
888.637.3343
Call 24 hours a day, 7 days a week
600 dollar IRA offer
Get up to $600 when you enroll, open and fund a new Merrill Edge® investment account or IRA.
How to qualify for our 600 dollar offer
Footnote 
Other fees may apply. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. To learn more about Merrill Edge pricing, visit our Pricing page.
Some transfers may result in tax consequences, penalties or financial risk. Consult your tax and financial professionals before requesting a transfer.

Fees and expenses are subject to change. Please note that other fees and expenses may apply, including early withdrawal penalties and trustee transfer fees. For Merrill Lynch, Pierce, Fenner & Smith Incorporated's standard brokerage fees, please see the Miscellaneous Fees schedule. For Bank of America N.A.'s fees, see your Personal Schedule of Fees.

Footnote 2 Fidelity's standard online price is $4.95 per equity or ETF trade (excluding certain iShares and Fidelity ETFs offered commission-free). Schwab's standard online price is $4.95 per equity or ETF trade (excluding ETFs available through Schwab ETF OneSource™ when placed in a Schwab account that are available commission-free). E*TRADE's standard online price for equity, ETF or option trade is $6.95, $4.95 for customers who trade at least 30 times per quarter (as of March 13, 2017). TD Ameritrade's standard online price is $6.95 per equity or ETF trade.

Footnote 3 Available at select Bank of America locations

Footnote 
Certain banking and brokerage accounts may be ineligible for real-time money movement, including but not limited to transfers to/from bank IRAs (CD, Money Market), 529s, Bank of America Advantage SafeBalance Banking™, Credit Cards and transfers from IRAs, Loans (HELOC, LOC, Mortgage) and accounts held in the military bank. Accounts eligible for real-time transfers will be displayed online in the to/from drop down menu on the transfer screen.
Footnote 
Merrill Edge was one of 14 brokers evaluated in the Barron's 2019 Best Online Broker Survey, February 22, 2019. Barron's evaluated firms in — the trading platform, usability, mobile, research, education, news, information, international offerings and retirement/divided-related services—to rate the firms. Merrill Edge earned an overall score of 28 out of a possible 50. All costs assume customer has a minimum of $100,000 in assets with broker. Occasional Trader: six stock and two options trades per month. Assumes customer qualifies for 100 $0 stock trades per month through Preferred Rewards Platinum Honors. If not, occasional fee is $70.60 per month. Learn more at Who Are 2019's Best Online Brokers? popup Barron's is a trademark of Dow Jones & Co., L.P. All rights reserved. Reprinted with permission of Barron's. Rankings and recognition from Barron's are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.
Footnote 
J.D. Power 2018 Certified Contact Center ProgramSM recognition is based on successful completion of an evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit J.D. Power popup. The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome. Participation in this survey was paid for by Merrill Lynch.
Footnote 
Merrill Edge was ranked 5 out of 8 online brokers by Kiplinger's Personal Finance's "Best Online Brokers" survey October 2018. To be included, firms had to offer online trading of stocks, ETFs, funds and individual bonds. Results based on ratings in the following categories: Total Commissions Score, Breadth of Investment Choices, Tools, Research, Ease of Use, Mobile Access, and Advisory Services. Learn more at Kiplinger's Personal Finance popup, October 2018 © 2018 The Kiplinger Washington Editors. Used under License. Merrill Edge provides access to research from BofA Merrill Lynch Global Research, CFRA (powered by S&P Global), Morningstar and others. The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome.
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