The easiest way to roll over your Vanguard 401(k)

Leave the paperwork and faxing to us, so you can check that rollover off your to-do list!

It’s 100% free! (we get paid by your provider)

If you have a 401(k) retirement plan at Vanguard from a former employer, you have a few options, but rolling your funds over into an IRA is a great way to keep track of your savings and make sure you’re in control, not your former employer.

We’ve made it easy to roll over your Vanguard 401(k) into an IRA of your choosing, with three simple steps:

Step 1

Choose an IRA

We can help you roll your 401(k) funds into your existing IRA if you have one, or help you compare the top IRA providers and open a new account!

Step 2

Submit your info

We just need a few details about you in order to verify your identity and authorize the transfer with Vanguard on your behalf.

Step 3

We’ll handle the rest

Our team of experts help ensure your funds make it to the right place and are safely deposited into your IRA with no unexpected tax implications!

FAQ

You might be wondering...

What is an IRA?

An IRA is an "individual retirement account" that provides similar tax benefits as a 401(k), but isn't tied to your employer. IRAs generally have lower fees than 401(k)s and more diverse investment options. This makes IRAs a popular choice for consolidating your retirement savings from previous jobs.

Why are IRAs so popular for rollovers?

Most people who choose to take their 401(k) funds with them after they change jobs, choose to transfer their savings into an IRA. This type of transfer (or "rollover") is generally tax-free and provides similar tax benefits and investment options so you can continue growing your savings until you’re ready to retire.

IRAs are the preferred destination for rollovers because they aren't tied to your former or current employer, giving you more control over your fees, investment options, and where your money is held, no matter where you work!

Can I rollover into another 401(k) instead?

Possibly! It depends on your current 401(k) plan, but it’s a good option to consider if you're happy with your current plan and the plan allows for this type of transfer. Just keep in mind that you'll be subject to the fees and investment options negotiated by your employer and your employer can move your account at any time without your consent!

Unfortunately, we can’t help with this type of rollover so you’ll have to reach out to your current plan provider or someone in HR at your current job to confirm if it’s possible and get help initiating this type of transfer.

How long does the process take?

A rollover usually takes 5-10 business days but it can take longer depending on your situation.

Our team helps ensure you take the shortest path possible and will keep you informed along the way!

Are there any tax implications?

No, most rollovers are tax-free unless you decide to convert any pre-tax dollars into Roth, or after tax, savings.

Our experts will help make sure there are no surprises with your rollover!

How is this service free?

We have partnerships with several of the top IRA companies who pay us a referral fee if you open an IRA with them through our platform. This allows us to keep the service free to everyone, even if you already have an IRA or choose an IRA we aren’t partnered with!

Can I roll over into my Roth IRA?

Of course! Once you start your rollover, you’ll be able to input your existing IRA details if you already have one. Just keep in mind that Roth accounts are meant for funds that have already been taxed. If your 401(k) funds are pre-tax (or Traditional), you may have to pay taxes on the full amount in order to convert them into Roth assets.

If you do your rollover through Capitalize, our team will make sure you're aware of any possible tax implications so there are no surprises with your rollover!