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Partnership Disclosure
We might be compensated by one of our IRA partners for an account you open through our platform. This helps us keep the rollover service free, but it never impacts the fees you’ll pay on your new account. We only win if you do, and our job is to help you simplify your retirement accounts. We also help people who already have an IRA account even though we might receive no compensation in these situations—because it’s just the right thing to do!

SoFi Active IRA Review 2024: Features, Fees, and More

Updated on April 12, 2023

Learn about our Editorial Process

Key Takeaways
  • A one-stop-shop that lets you buy stocks and ETFs with no commissions—or lets SoFi manage your money for you with no SoFi management fees.
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Consolidate all of your old 401(k)s into a SoFi Active IRA.
Start your 401(k) rollover to a SoFi Active IRA in just a few minutes.

SoFi Active IRA Snapstion

Best if you want
A one-stop-shop that lets you buy stocks and ETFs with no commissions—or lets SoFi manage your money for you with no SoFi management fees.
Fees
Trade stocks and ETFs commission-free and pay no SoFi management fees on professionally-managed portfolios. Other fees may apply.
What you can invest in
Individual stocks, ETFs, IPOs, and professionally managed portfolios
Limitations
SoFi doesn’t allow you to trade options in IRAs (although it is allowed in taxable accounts) and doesn’t offer advanced technical research capabilities
Account minimum
$1
Ease of Use
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5 stars
Checkmark Pros
Checkmark Cons
Ready to take control of your assets?
Capitalize helps you consolidate your old 401(k)s by rolling them into an IRA of your choosing. Use an existing IRA if you have one, or we’ll help you open one if you don’t.
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