Good news - taking advantage of Titan's flagship investment strategy in your retirement account is easier than ever thanks to 401(k) and 403(b) rollovers.
This process will allow you to convert your 401(k) or 403(b) into a Titan IRA without counting towards your annual IRA contribution limit.
It's a great way to size up your IRA, transition your 401(k) assets into Titan's strategy, and bypass the typical $6,000 annual contribution limit.
And best of all, it's super simple and tax-free! Just follow the simple instructions below and our IRA Concierge will handle all the heavy lifting for you.
Direct Rollover Instructions
1. Look up the phone number for your 401(k) or 403(b) plan provider.
Below are the phone numbers for the most common plan providers. If you don't know who your provider is, simply ask the HR department at the employer where your plan was opened.
- Alight (Aon): (800) 890-3200
- American Funds: (800) 421-4225
- Charles Schwab: (800) 724-7526
- E*Trade: (800) 387-2331
- Edward Jones: (800) 441-2357
- Empower Retirement: (855) 756-4738
- Fidelity: (800) 343-3548
- John Hancock: (800) 395-1113
- Mass Mutual: (800) 743-5274
- Scottrade: (800) 619-7283
- T. Rowe Price: (800) 922-9945
- TD Ameritrade: (800) 213-4583
- TIAA-CREF: (800) 842-2252
- USAA Bank: (800) 531-8722
- Vanguard: (866) 794-2145
- Wells Fargo: (800) 728-3123
2. Call your plan provider and ask for a "Direct Rollover."
Don't worry – this should only take 5 minutes.
Below are some specific instructions you can tell your plan provider. These will instruct them to roll over your account to Apex Clearing (our SIPC-insured financial custodian).
What To Tell Your 401(k) or 403(b) Plan Provider
1. I would like to initiate a direct rollover of my account. Please liquidate my account into cash, and make a check for the proceeds out to:
Payable to: Apex Clearing
Memo: FBO [Your Full Name], [Your Titan IRA Account #]
The memo above can be written anywhere on the check (if your provider uses check without memo lines). If your provider can’t fill out the memo line as indicated above, you’ll have to fill it in yourself. In this case, skip Step 2 and simply ask your provider to mail you the check directly. We will send you a prepaid envelope that you can use to forward the properly filled check to Apex Clearing.
2. Please mail the check to the following address
Apex Clearing Corporation c/o Banking
350 N St Paul Street, Suite 1300
Dallas, TX 75201
If your plan provider can only mail the check to your home address, no problem. We will send you a prepaid envelope that you can use to forward the check to Apex Clearing.
That's it! If you have any questions, feel free to email us at firstname.lastname@example.org or check out our Rollover FAQ.
How long will my rollover take to complete?
The rollover process generally only takes about a week or two to complete.
Will a rollover result in any taxes or penalties?
No, rollovers to IRAs do not incur any taxes or penalties.
Are there any fees to roll over my 401(k)?
No, we are happy to announce that we do not charge any fees for incoming rollovers. However, your 401(k) provider may charge an outgoing fee. Check with them if you're unsure.
Can I roll over part of my funds instead of the entire plan?
It depends on your plan provider's policy. Ask them if they allow "partial rollovers." If they do, then you can inform them of the specific amount you would like liquidated and rolled over to Titan.
Do I need to sell any investments in my 401(k) / 403(b) plan before rolling over?
No, most plan providers will do this automatically for you. Just follow the above instructions and they should be able to do this for you. As a reminder, selling your investments is *not* a taxable event because you are selling shares in a tax-advantaged account.
Do I need to endorse the rollover check?
No, there is no need to endorse the check.
What if I want to execute an indirect rollover?
No worries! While we generally recommend direct rollovers as the simplest rollover option, we also support indirect rollovers. If you're interested in executing an indirect rollover, check out the instructions here.
Can I perform a 401(k) or 403(b) rollover for an account at my current employer?
That depends on your plan. For more details, head here.
Is there a limit to how many 401(k) or 403(b) rollovers I can perform?
Nope! While the IRS does have a "one-per-every-12-months" limitation for certain IRA rollovers, this limitation does not apply to any direct rollover, as well as many specific rollover types, including:
- 401(k) rollovers
- 403(b) rollovers
- Traditional-to-Roth IRA rollovers