OneStop Rollover IRA

Transfer the assets from an old employer plan directly into an E*TRADE Securities IRA that is professionally managed
  • Enroll in a professionally managed, diversified portfolio of ETFs
  • Let E*TRADE Capital Management manage your IRA3
  • Roll over assets are invested in Adaptive Portfolio—an automated advisory solution
  • Use the Plan Options tool to see all the choices for an old employer plan

$5,000

minimum initial investment

0.30%

annual advisory fee4

Roll over and invest in one step - image

Roll over and invest in one stop

Answer a few questions online and get a recommended diversified portfolio based on your investment objectives, risk tolerance, and time horizon

Portfolio design for your needs - image

Professionally managed diversified portfolio 

When the assets arrive, they'll automatically be invested 

Ongoing monitoring - image

Ongoing monitoring

The portfolio is monitored on an ongoing basis and rebalanced to help keep you on track5

Tax advantages

As with all IRAs, retirement assets remain tax-deferred 

$

No advisory fee for the first six months

when you enroll now1,2 Offer details

$

No advisory fee for the first six months

when you enroll now1,2 Offer details

Explore similar accounts

Traditional IRA

Potential tax-deductible contributions

Save for retirement with tax-deductible contributions and tax-deferred growth potential and no annual income limits.

Learn more

Roth IRA6

Tax-free growth potential with tax-free future withdrawals on qualified distributions

Save for retirement and get valuable tax advantages, including the ability to withdraw contributions at any time.

Learn more

Rollover IRA

Take control of  retirement savings

Whether you have changed jobs or retired, you have options when considering what to do with a former employer's plan. Be sure to know the pros and cons of each choice.

Learn more

OneStop Rollover IRA FAQs

See all FAQs

Already have an IRA? Contribute now.

What are the eligibility requirements for OneStop Rollover IRA?

  • Must be 18 years of age or older
  • To apply online, must be a US citizen or resident
  • As part of the online application, the Rollover IRA from E*TRADE Securities will be enrolled in the Adaptive Portfolio program from E*TRADE Capital Management. An Investment Proposal and Advisory Agreement must be reviewed and accepted.
  • If there is a change in risk tolerance or financial situation, the Investor Profile may be updated and the portfolio will be updated accordingly.
  • Pay a low annual advisory fee
  • This is a professionally managed account. The investor will not be able to directly place trades.
  • Get started by answering a few questions about investment objectives, time horizon, and risk tolerance.

 

How is a direct rollover initiated?

  1. A Traditional, Rollover, or Roth IRA account must first be opened with E*TRADE, unless account assets will be rolled over into an existing IRA. 

  2. Contact the benefits administrator of the former employer and complete all distribution forms required to initiate the direct rollover. 

For rollovers via check:

Instruct the plan administrator to issue a distribution check made payable to: 

E*TRADE Securities, FBO <Name>

If rolling over to a Rollover IRA:

Make sure the Rollover IRA account number is included on the check.

If rolling over to a Roth IRA:

Make sure the Roth IRA account number is included on the check.

Instructions should be attached to the check if it is to be split between a Rollover IRA and a Roth IRA.

Instruct the plan administrator to mail the check to:

E*TRADE Securities LLC

PO Box 484

Jersey City, NJ 07303-0484

If the plan administrator sends you the check, simply forward it along with an IRA Deposit Slip to E*TRADE Securities at the address above.

For securities rollovers:

Instruct the plan administrator to forward securities to DTC Clearing 0385, Code 40.

Or, if the plan administrator wants to mail certificates, make sure the certificates clearly indicate the E*TRADE Rollover or Roth IRA account number and are registered to the following:

E*TRADE Securities, FBO <Name>

Instruct the plan administrator to mail the certificates to:

E*TRADE Securities LLC

PO Box 484

Jersey City, NJ 07303-0484

How long does a rollover usually take?

A rollover generally takes 4–6 weeks to complete. However, this timeframe depends on how long the former employer or plan administrator takes to process the transaction.

Does the rollover need to be reported on a tax return?

Yes. Any amounts rolled over directly from a pre-tax employer plan into a Traditional or Rollover IRA are reportable, but not taxable. The former employer will send IRS Form 1099-R, which reports the plan distribution. E*TRADE will then send IRS Form 5498 by May 31 of the following year, reporting the incoming rollover to offset the distribution. However, if a pre-tax qualified plan is rolled over into a Roth IRA, this transaction is taxable and must be included in taxable income. Consult with a tax advisor for more information.

Can a rollover be processed even if the individual is still working?

Generally, assets from an employer’s plan cannot be rolled over unless the participant has changed jobs, retired, or is over age 59½. Check with the employer's plan administrator to confirm whether assets may be transferred while still employed.

Can contributions and rollovers be placed in the same account?

Yes. Annual contributions and/or additional rollovers can be placed into the same IRA. Recurring contributions to an IRA can also be set up to meet the annual maximum contribution limit.