Can I roll over my 401(k) plan to Ellevest?

Yes! You can roll over a Traditional or Roth 401(k) into an IRA account at Ellevest, as long as you are no longer employed by the employer sponsoring the 401(k) plan that you’d like to roll over. We won’t charge you any additional fees for rolling your 401(k) into an IRA with us, and there are no taxes associated with a direct rollover. However, you may incur fees from your current 401(k) provider for rolling over your account, so we recommend discussing the fees that may arise with your current firm. We’re a fiduciary, which means we’re required to act in your best interest. Therefore, we offer a detailed analysis of your current plan to help you understand whether rolling your 401(k) over to us could be better for you in the long term. You can begin the rollover process by joining our waiting list here.

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