How to Transfer Your Retirement Accounts to Vanguard

07.26.07 | Online Investing | 0 Comments | by junger

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

A lot of visitors come here by Googling information about transferring their retirement accounts, either the IRA or their Roth IRA, many to Vanguard.

Since there seems to be interest in the topic, and I just completed my Roth IRA transfers from Ameriprise to Vanguard recently, I'll recap the entire process.

Open an account with Vanguard at https://flagship.vanguard.com/VGApp/hnw/OpenAccountController

To fund it, you'll want to transfer your assets from your current brokerage. Make sure you have your most recent statement nearby, with account number, ballpark funds etc.

You'll have to pick out the funds you'd like to buy into with Vanguard, then fill out a transfer form.

Vanguard will ask you the questions and fill out the form for you. You might need to get a medallion signature guarantee from your bank on the form.

You'll send the form to your current brokerage, who will transfer your money (and probably take a transfer fee off the top … argh) in a few weeks — expect up to 6 — and then you're good to go.

(x-posted at Bogleheads forum)

Subscribe to Email Updates

Enter your email address:

Read More Related Posts

Example: %customfield2%

have your say

Add your comment below, or trackback from your own site. Subscribe to these comments.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

:

:


« 5 Ways to Automate Your Finances
» 23 Online Banks From Around The World