To transfer your IRA to Ellevest:
Ellevest won’t charge you any additional fees for completing an IRA transfer with us, and there are no taxes associated with IRA transfers. However, you may incur transaction and transfer fees from your current IRA provider, and those fees often vary by firm. One thing to keep in mind: some providers may charge lower fees if you sell the securities in your account prior to initiating the transfer to Ellevest, so be sure to ask your current IRA provider.
To transfer your IRA out of Ellevest:
Ellevest reimburses the $100 transfer out fee that Folio charges for IRA Transfers out of Ellevest. There are no taxes associated with IRA transfers to another provider.