Best IRA Company To Rollover 401K Account in 2020

Top rated 401K rollover options. Best company to rollover 401K account to no-fee brokerage IRA.

Best 401K Rollover Firm Overview

Investors who want to rollover 401K or other IRA account into a brokerage IRA should check out TD Ameritrade. In addition to stocks, options, ETF's, forex, and futures, the broker also has some very good mutual fund tools. Let's take a look at what makes the company one of the best 401K rollover options in 2020.

IRA Choices

Retirement investors at TD Ameritrade can choose from several different IRA’s. The broker offers Roth, Traditional, SEP, SIMPLE, Rollover, Minor, and Minor Roth. There are retirement specialists who can assist customers over the phone with IRA questions.

IRA Fees and Requirements

TD Ameritrade accounts come with no annual fee, no low-balance fee, and no inactivity fee. Even better, there is no minimum initial deposit requirement for an IRA.

The broker's commission schedule applies to both retirement and non-retirement accounts. Stock and ETF transactions are $0 on-line. The firm also offers living human brokers who can help customers place a trade over the phone. Doing so costs $25.

Fund Investing

Retirement savers who don't want to pay the above commissions also have access to TD Ameritrade's list of over 4,200 NTF (no commission to buy or sell) mutual funds. There are over 13,000 mutual funds in total. Transaction-fee funds are $49.99 per trade.

Some of the funds on the broker's long list of mutual funds are target date funds. These products were created for investors saving for retirement. They take on less investment risk as retirement approaches. Some of the funds have no loads and no transaction fees.

TD Ameritrade customers can also trade ALL ETF's without paying commissions. Many of these products have very low expense ratios, which of course will appeal to long-term retirement savers.

IRA Videos, Calculators, and Tools

The TD Ameritrade website has some good IRA calculators. For example, one tool calculates when IRA distributions must be taken under IRS rules. A second calculator helps retirement investors see the consequences of a 401(k) rollover. A third tool evaluates the advantages and disadvantages of opening a Roth or Traditional IRA. Another calculator explores the consequences of converting a Traditional IRA to a Roth.

Investors at TD Ameritrade can access a large library of educational videos. Some of these resources discuss retirement issues in general and IRA's in particular. For example, one video explores 401(k) conversions.

Best 401K to IRA Rollover

TD Ameritrade 401K to IRA Rollover Promotion

A TD Ameritrade IRA opened and funded by rolling over 401K or other account will receive up to $600 bonus. Promotion link: Rollover your 401k or open and fund your IRA and get up to $600 cash.


TD Ameritrade's website has more instructional material on retirement topics compared to what many other brokers offer, including Schwab, Firstrade, and Merrill Edge. Furthermore, the firm's $0 initial deposit requirement is lower than Schwab's $1,000 requirement. There are also more free-to-trade mutual funds and ETF's compared to the offerings of other brokers, such as Fidelity.

Best 401K Rollover Company Awards

TD Ameritrade was named "The best brokerage firm for IRA" by Kiplinger's magazine. Barron’s magazine rated the company #1 for Beginner Investors and #1 for Long Term Investing, and gave it top scores in Mobile Trading, Range of Offerings, Research Amenities, Customer Service, and Education categories.

Best 401K Rollover Conclusion

Whether you are looking for traditional broker based portfolio and investing advice, or a high technology trading platform, the TD Ameritrade IRA can accommodate either approach. In a competitive marketplace they have assembled an impressive number of options for the IRA holder to manage and grow their account in the modern markets.

Rollover 401K Into TD Ameritrade IRA

Rollover your 401k or open and fund your IRA and get up to $600 cash.

Open TD Ameritrade Account

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