The easiest way to roll over your Vanguard 401(k)

An IRA is an "individual retirement account" that provides similar tax benefits as a 401(k), but isn't tied to your employer. IRAs generally have lower fees than 401(k)s and more diverse investment options. This makes IRAs a popular choice for consolidating your retirement savings from previous jobs.

Most people who choose to take their 401(k) funds with them after they change jobs, choose to transfer their savings into an IRA. This type of transfer (or "rollover") is generally tax-free and provides similar tax benefits and investment options so you can continue growing your savings until you’re ready to retire.

IRAs are the preferred destination for rollovers because they aren't tied to your former or current employer, giving you more control over your fees, investment options, and where your money is held, no matter where you work!

Possibly! It depends on your current 401(k) plan, but it’s a good option to consider if you're happy with your current plan and the plan allows for this type of transfer. Just keep in mind that you'll be subject to the fees and investment options negotiated by your employer and your employer can move your account at any time without your consent!

Unfortunately, we can’t help with this type of rollover so you’ll have to reach out to your current plan provider or someone in HR at your current job to confirm if it’s possible and get help initiating this type of transfer.

A rollover usually takes 5-10 business days but it can take longer depending on your situation.

Our team helps ensure you take the shortest path possible and will keep you informed along the way!

No, most rollovers are tax-free unless you decide to convert any pre-tax dollars into Roth, or after tax, savings.

Our experts will help make sure there are no surprises with your rollover!

We have partnerships with several of the top IRA companies who pay us a referral fee if you open an IRA with them through our platform. This allows us to keep the service free to everyone, even if you already have an IRA or choose an IRA we aren’t partnered with!