Best IRA Accounts for a 401(k) Rollover
Rolling your old 401(k) over into an IRA can give you more control over your investments. Here's a list of the best places for an IRA rollover.The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.
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When leaving a job, many people also leave their most valuable retirement asset behind: their 401(k), which sits where it is until retirement, quietly amassing fees.
But you can — and in most cases should — roll your 401(k) over to an IRA. Depending on your plan and what you'd like to invest in, 401(k) fees can be high. You may save money and find a wider range of investment options by rolling it over to an IRA.
Our list includes the best IRA providers for automated investing (also called robo-advisors) and those for DIY investors (also called brokers). You can also check out the best IRA rollover promotions.
Pay attention to whether or not you can do a "direct rollover." That means the 401(k) plan sends your money or initiates a transfer straight to your new retirement account. If you do an indirect rollover the plan administrator may withhold 20% to pay taxes on your distribution.
Rollovers from a 401(k) don't count toward the annual IRA contribution limits. In addition to the rollover, you can directly contribute up to a maximum of $7,500 for 2026 ($8,600 if age 50 or older).
Company | NerdWallet rating | Fees | Account minimum | Promotion | Learn more |
|---|---|---|---|---|---|
4.5/5 | $0 | $0 | 1% match on eligible contributions up to IRA contribution limits. | Learn moreon Robinhood's website | |
Learn moreon Robinhood's website | |||||
Learn moreon Robinhood's website | |||||
5.0/5 | $0 no account fees to open a Fidelity retail IRA | $0 no account fees to open a Fidelity retail IRA | None no promotion available at this time | Learn moreon Fidelity's website | |
Learn moreon Fidelity's website | |||||
Learn moreon Fidelity's website | |||||
4.3/5 | $0 per trade. Other fees apply. | $0 | Get up to $10,000 when you open and fund a new eligible E*TRADE retirement account. Terms apply. | Learn moreon E*TRADE's website | |
Learn moreon E*TRADE's website | |||||
Learn moreon E*TRADE's website | |||||
4.6/5 | $0 per trade | $0 | Get up to $1,000 in stock when you open & fund a new Active Invest account. Limited time offer. Terms & Conditions Apply. | Learn moreon SoFi Invest®'s website | |
Learn moreon SoFi Invest®'s website | |||||
Learn moreon SoFi Invest®'s website | |||||
Best Online Broker for IRA Investors | 4.9/5 | $0 per online equity trade | $0 | Up to $500 when you make a qualifying net deposit. | Learn moreon Charles Schwab's website |
Learn moreon Charles Schwab's website | |||||
Learn moreon Charles Schwab's website | |||||
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