Transfer Your IRA

up to
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.1
Local one-on-one advice & guidance
Real-time transfers4
Full range of investment choices
Mobile investing
Merrill Edge
Charles Schwab

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.

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.
Already have an account? Log in

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.

Start investing

Meet with a Merrill Edge Financial Solutions Advisor
Looking for investment advice and guidance?
Meet with a Merrill Edge Financial Solutions Advisor™ at more than 2,000 select Bank of America financial centers.

Why Merrill Edge?

Simplified account management—log in once to view and manage your Merrill Edge investment and Bank of America® bank accounts all on one page
Real-time transfers—instantly move funds between your Merrill Edge investment and Bank of America bank accountsFootnote 3
Access anytime, anywhere—see your Merrill Edge investment and Bank of America bank accounts online, on your mobile device and at thousands of Bank of America ATMs
J.D. Power 2016 Certified Contact Center
Merrill Edge's Contact Centers have been recognized by J.D. Power for providing "An Outstanding Customer Service Experience" for the Live Phone channel for 6 years in a row.Footnote 6
Barron's 2017 Best Online Brokers
One of the best online brokers, receiving 4 out of 5 stars four years in a row (2014, 2015, 2016, 2017)Footnote 5
Kiplinger's Best Online Brokers 2017
#1 ranked for "Best Online Brokers" 2017, earning 4.5 out of 5 stars overallFootnote 7
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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
Footnote 1 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 To learn more about Merrill Edge pricing, visit

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 4 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, 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.

Merrill Edge was one of 16 brokers evaluated in the Barron's 2017 Best Online Broker Survey, March 18, 2017. Barron's evaluated firms in 8 categories to rate and rank the firms in those categories, by investor type and provide an overall rating & ranking. Learn more at Barron's is a trademark of Dow Jones & Co., L.P. All rights reserved. Reprinted with permission of Barron's.
J.D. Power 2017 Certified Contact Center ProgramSM recognition is based on successful completion of an audit and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit
Merrill Edge was ranked #1 overall (tied with Fidelity) out of 7 online brokers by Kiplinger's Personal Finance's "Best Online Brokers," survey October 2017. To be included, firms had to offer online trading of stocks, ETFs, funds and individual bonds. Learn more at from Kiplinger's Personal Finance, October 2017 © 2017 The Kiplinger Washington Editors. Used under License.