401k Rollover Options old 401K options
401k Rollover Options old 401K options Fidelity Please enter a valid email address Please enter a valid email address Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: " Your email has been sent.
Roll over to Fidelity and consolidate your retirement accounts in one place while continuing tax-deferred growth potential.1 You'll get a wide range of investment options including $0 commissions for online US stock trades.*
Roll over to a new workplace plan
If allowed, this option lets you consolidate your 401(k)s into one account while continuing tax-deferred growth potential. Investment options vary by plan.2 Stay in your old workplace plan
If permitted, this option lets you continue tax-deferred growth potential; however, you can no longer contribute to the old plan. Investment options vary by plan. Cash out
If you withdraw the money from your 401(k) plan, your cash distribution will be subject to state and federal taxes and, before age 59½, a 10% withdrawal penalty may apply.3 Also, your money won't have the potential to continue to grow tax-deferred.
Get more info about our Rollover IRA options as well as step-by-step instructions.
Read this Fidelity Viewpoints article on weighing the pros and cons of your options.
Get help selecting from Fidelity's wide range of investments.
800-343-3548 Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money. * $0.00 commission applies to online U.S. equity trades and exchange-traded funds (ETFs) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Other exclusions and conditions may apply. See for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional are subject to different commission schedules. Views expressed are as of the date indicated and may change based on market and other conditions. Unless otherwise noted, the opinions provided are those of the speaker and not necessarily those of Fidelity Investments. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets. There are no opening, closing or annual fees for Fidelity's Traditional, Roth, SEP, SIMPLE, and rollover IRAs. Fund investments held in your account may be subject to management and short-term trading fees, as described in the offering materials. For all securities, see the for trading commission and transaction fee details. 1. Traditional or Rollover IRA 2. The new employer may impose a waiting period. 3. The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer's retirement plan is subject to 20% mandatory federal income tax withholding, unless it is directly rolled over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59½, the taxable portion of your withdrawal may also be subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule. Be sure you understand the tax consequences and your plan’s rules for distributions before you initiate a distribution. You may want to consult your tax advisor about your situation. 559548.22.0
I'd like Fidelity to choose and manage my investments.
Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0
Mutual Funds and Mutual Fund Investing - Fidelity Investments
Clicking a link will open a new window.What to do with an old 401 k
Have an old 401(k) from a former employer? We can help you weigh your options so you can make the right decision for your specific needs. Roll over to a Fidelity IRARoll over to Fidelity and consolidate your retirement accounts in one place while continuing tax-deferred growth potential.1 You'll get a wide range of investment options including $0 commissions for online US stock trades.*
Roll over to a new workplace plan
If allowed, this option lets you consolidate your 401(k)s into one account while continuing tax-deferred growth potential. Investment options vary by plan.2 Stay in your old workplace plan
If permitted, this option lets you continue tax-deferred growth potential; however, you can no longer contribute to the old plan. Investment options vary by plan. Cash out
If you withdraw the money from your 401(k) plan, your cash distribution will be subject to state and federal taxes and, before age 59½, a 10% withdrawal penalty may apply.3 Also, your money won't have the potential to continue to grow tax-deferred.
Learn more and explore options
Get more info about our Rollover IRA options as well as step-by-step instructions.
Read this Fidelity Viewpoints article on weighing the pros and cons of your options.
Get help selecting from Fidelity's wide range of investments.
Ready to get started
Questions?800-343-3548 Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money. * $0.00 commission applies to online U.S. equity trades and exchange-traded funds (ETFs) in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Other exclusions and conditions may apply. See for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Institutional are subject to different commission schedules. Views expressed are as of the date indicated and may change based on market and other conditions. Unless otherwise noted, the opinions provided are those of the speaker and not necessarily those of Fidelity Investments. Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets. There are no opening, closing or annual fees for Fidelity's Traditional, Roth, SEP, SIMPLE, and rollover IRAs. Fund investments held in your account may be subject to management and short-term trading fees, as described in the offering materials. For all securities, see the for trading commission and transaction fee details. 1. Traditional or Rollover IRA 2. The new employer may impose a waiting period. 3. The taxable portion of your withdrawal that is eligible for rollover into an individual retirement account (IRA) or another employer's retirement plan is subject to 20% mandatory federal income tax withholding, unless it is directly rolled over to an IRA or another employer plan. (You may owe more or less when you file your income taxes.) If you are under age 59½, the taxable portion of your withdrawal may also be subject to a 10% early withdrawal penalty, unless you qualify for an exception to this rule. Be sure you understand the tax consequences and your plan’s rules for distributions before you initiate a distribution. You may want to consult your tax advisor about your situation. 559548.22.0
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I will choose and manage my own investments.I'd like Fidelity to choose and manage my investments.
Important Information Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided. Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.
Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.
Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917
796549.1.0