INVESTING GOALSExplore rolling over your 401(k)

There are different kinds of rollovers. In a direct rollover, assets distributed from an employer-sponsored qualified retirement plan (e.g., 401(k), 403(b) or 457(b) account) are payable directly to the receiving IRA or eligible retirement plan custodian/trustee, for the benefit of the participant. With an indirect rollover, the assets are distributed to the participant/employee, who has 60 days after the date of receipt to roll over the distributed funds to an IRA or eligible retirement plan. Note, indirect rollovers are limited to one in a twelve month period whereas, direct rollovers do not have that restriction.

There are some key factors to consider when rolling over funds from an employer-sponsored retirement plan. Learn more about these options in our guide “Making Informed Rollover Decisions” (PDF).

Speak to your tax or legal professional if you have questions about what’s right for you.

You can roll over assets from an employer-sponsored qualified retirement plan (e.g., 401(k), 403(b) or 457(b)) after a qualifying event directly to an IRA or vice versa. These direct rollovers are reportable events that do not incur withholding, and there are no limits on the number of direct rollovers you may have in a 12 month period. If you take receipt of the assets (either from a qualified retirement plan or an IRA) before depositing them into another qualified plan or IRA, this is an indirect rollover which is limited to one in any 12 month period. Indirect rollovers that are redeposited within 60 days are reportable but do not incur withholding.

Direct rollover—Is a distribution from an employer-sponsored qualified retirement plan made payable directly to another eligible retirement plan or IRA, or from an IRA directly to an employer-sponsored qualified retirement plan. Contact your plan administrator for instructions. No taxes will be withheld from your rollover amount.

Trustee-to-trustee transfer—Occurs when you move money directly from one IRA to another IRA of the same type (example: traditional IRA to traditional IRA, or Roth IRA to Roth IRA) even if it is with a different financial institution. No taxes will be withheld from your transfer amount.

Indirect/60-day rollover—Is when a distribution from an IRA or a qualified retirement plan is paid directly to you via check or electronic transfer for deposit to your personal account, and then you move all or a portion of the amount to an IRA or eligible retirement plan within 60 calendar days. The amount rolled over will be tax-deferred. There is a limit of 1 indirect rollover in a 12 month period.

Yes, generally speaking you can combine rollovers and contributions in the same IRA. However, Traditional IRA and Roth IRA funds must be kept in separate accounts.

To roll over your IRA, first open a J.P. Morgan traditional or Roth IRA. Once your account is open, go to our Brokerage Forms and choose “Account Transfer Form” under “Money & Asset Transfer." Complete the form and send it to the address provided. If you’d like help, you can call us at 1-800-392-5749, Monday–Friday from 8 AM to 9 PM and Saturday from 9 AM to 5 PM ET.

Learn more about how to roll over funds to a J.P. Morgan IRA.

If you’re interested in opening a managed retirement account, submit this form to get started with a J.P. Morgan advisor.

To convert your J.P. Morgan Traditional IRA to a J.P. Morgan Roth IRA, go to our Brokerage Forms page and choose "Roth Conversion." Complete the form and send it to the address provided. There are eligibility requirements for a Roth IRA so make sure you speak to your tax professional. If you need help, you can call us at 1-800-392-5749, Monday-Friday from 8 AM to 9 PM and Saturday from 9 AM to 5 PM ET.

If you have a managed retirement account, please work directly with your J.P. Morgan advisor to convert your account.

The following securities cannot be transferred online into a J.P. Morgan investment account:

• Annuities
• Caveat emptor and expert market securities
• Life insurance
• Futures
• Short security positions
• Physically held securities
• Cryptocurrencies
• Foreign currencies
• Securities sold exclusively by your prior firm

If you try to transfer any of these, we may have to cancel the entire transfer request.

Yes, you can transfer an an existing IRA to your J.P. Morgan IRA. Open an IRA to get started.

It'll take about 3 to 5 business days to complete the transfer of your account if it is between ACAT eligible institutions. It can take between 7 to 30 calendar days if the transfer is between non-ACAT eligible institutions. We'll notify you via e-mail each time the status of your transfer changes.

Note: The ACAT (Automated Customer Account Transfer) service is a system that facilitates the transfer of securities from one investment account at a financial institution to another financial institution.

No, J.P. Morgan doesn’t charge a fee for incoming transfers. However, the institution that you’re moving assets out of may charge a fee, so you should check with them before scheduling a transfer.

Learn more about different ways to fund your account.

Our Retirement Desk is available Monday–Friday from 9 AM to 6 PM ET, at 1-833-ROLLOVR. You can also contact your J.P. Morgan advisor if you have one, or your tax or legal professional.

We’ve made it simple to transfer securities and/or cash from an external financial institution to your J.P. Morgan investment account and between eligible investment accounts you hold with us.

Please note that you can only transfer assets online between the same types of accounts with the same account holder (for example, from John Smith's Traditional IRA to John Smith's Traditional IRA).

You can transfer your investments at chase.com or in the Chase Mobile^® app.

We may require an account statement from your external firm for certain transfers. We’ll let you know if we need this once you get started.