Don't miss out on your future! Those who have recently lost their jobs or moved on from a previous employer need to remember to rollover their 401k plans. These valuable retirement investments may have contributions by a previous employer, but they fully belong to employees. Fortunately, there are several options when it comes to completing a 401k rollover. Once employees leave a job, they can opt to leave the 401k with their old employer's plan but must contribute a minimum amount - usually $5,000 - to keep it open. Employees can take the 401k to their new jobs, or they can rollover the 401k into an IRA. This offers the most freedom to invest in the future. Three online places to complete a 401k rollover include TD Ameritrade, E-Trade, and Fidelity. Read on to learn more about how to rollover a 401k online.
TD Ameritrade is an ideal online broker for beginning traders and active traders looking to level up in their investment knowledge and skills. The trading platform is highly regarded by professionals and newbies alike. Their trading platform allows investors to invest in bonds, stocks, ETFs, forex and futures. There's many hours of research that investors can dive into, exploring markets and stocks, and there's a huge variety of no-transaction-fee mutual funds. This firm helps investors rollover 401k accounts literally every day, and working online is no problem, offering customers the benefits of a full-service broker.
E-Trade is known as a high quality comprehensive broker. Best known for its research, E-Trade offers this knowledge to investors at all levels. The mobile app is packed full of helpful features, and the Power E-Trade platform is easy to navigate. Rolling over a 401k is cheap, with fees on mutual funds on the low side, and there are plenty of no-transaction-fee funds to choose from. Investors can also trade stocks and ETFs with no commission.
Fidelity is known as exceptional in the field, especially for beginners or those who demand the best in customer service. Have a question? Ask and receive an answer quickly from one of Fidelity's representatives. This type of service is invaluable for those who are just starting out or need help rolling over a 401k account. There are also more advanced features, allowing knowledgeable customers to use their Active Trading Pro platform with low fees and free ETF and stop trades. This company offers four zero-fee index fund and thousands of no-transaction-fee mutual funds, keeping money in investors' pockets, where it belongs.