Charles Schwab 401(k) Rollover Guide
Charles Schwab administers 401(k) plans through Schwab Retirement Plan Services and also acquired TD Ameritrade's retirement book. Rolling over a Schwab 401(k) to a Schwab IRA is smooth, but an advisor can help you optimize the investment selection.
How to Roll Over Your Schwab 401(k)
Log in to Schwab's plan portal
Access your employer-sponsored account at workplace.schwab.com. This is distinct from Schwab's retail brokerage at schwab.com.
Request an in-kind or cash rollover
Schwab allows "in-kind" rollovers for some Schwab ETFs and funds, meaning assets transfer without liquidation. Your advisor can advise on which approach is more efficient.
Complete the transfer form
Select "Distributions & Rollovers" and complete the Direct Rollover request. Schwab will coordinate directly with the receiving IRA custodian.
Reallocate in the IRA
Once the rollover is complete, your advisor will help you build a proper allocation — index funds, target-date funds, or a custom mix based on your goals.
Schwab Rollover FAQ
Did Schwab acquire TD Ameritrade's retirement accounts?
Yes — Schwab completed the TD Ameritrade acquisition in 2020. Most TD Ameritrade retirement accounts have been migrated to Schwab platforms.
What if my former company's plan was managed by Schwab but no longer exists?
Your funds remain with Schwab regardless of your employer's status. Contact Schwab Retirement Plan Services at 800-724-7526 to locate your account.
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