Rollover IRA

Help protect the tax advantages of your workplace retirement savings plan after you change jobs or retire. Our Rollover IRA is designed for investors who want to move retirement savings from an employer-sponsored retirement plan.

KEY BENEFITS

  • No annual maintenance fee.1
  • $4.95 online U.S. equity trades to help your money go further.2
  • Potential growth of your money is tax-deferred, as earnings are not subject to tax until they are withdrawn.
  • Contributions may be tax-deductible, based on income and participation in a workplace retirement plan.
  • Two choices for your core position (where your money is held until you invest or withdraw it):
    • — Fidelity Government Money Market Fund: A Fidelity money market fund.3
    • — FDIC-Insured Deposit Sweep (if available): An interest-bearing cash position, offering the benefit of FDIC insurance eligibility through a Program Bank4. See the current interest rate schedule.

FIDELITY ADVANTAGE

  • A wide range of Fidelity & non-Fidelity funds, stocks, bonds, ETFs, and FDIC-insured CDs.
  • Comprehensive research and tools to help you find, analyze, and track investment performance.
  • Knowledgeable representatives to help you create and maintain your retirement plan.

GETTING STARTED

On your own:

  • Complete an IRA application online.
  • Contact your former employer to notify them you are doing a rollover, and complete the necessary paperwork.

Or, with help from a Fidelity representative:

  • Dedicated Fidelity rollover specialists can help you complete the process in a few easy steps. We'll assist you with the paperwork, track your rollover assets, and provide you with information so you can develop an investment strategy.

Be sure to consider all your available options and the applicable fees and features of each before moving your retirement assets.

  1. There is no cost to open and no annual fee for Fidelity's Traditional, Roth, SEP, and Rollover IRAs. A $50 account close out fee may apply. Fund investments held in your account may be subject to management, low balance and short term trading fees, as described in the offering materials. For all securities, see the Fidelity commission schedule (PDF) for trading commission and transaction fee details.
  2. $4.95 commission applies to online U.S. equity trades in a Fidelity retail account only for Fidelity Brokerage Services LLC retail clients. Certain accounts may require a minimum opening balance of $2,500. Sell orders are subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). Other conditions may apply. See Fidelity.com/commissions for details. Employee equity compensation transactions and accounts managed by advisors or intermediaries through Fidelity Clearing and Custody Solutions are subject to different commission schedules.
  3. You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Fidelity Investments and its affiliates, the fund's sponsor, have no legal obligation to provide financial support to money market funds and you should not expect that the sponsor will provide financial support to the fund at any time.

    Fidelity's government and U.S. Treasury money market funds will not impose a fee upon the sale of your shares, nor temporarily suspend your ability to sell shares if the fund's weekly liquid assets fall below 30% of its total assets because of market conditions or other factors.
  4. The Cash Balance in the FDIC-insured Deposit Sweep is swept to an FDIC-insured interest-bearing account at a Program Bank. The deposit at the Program Bank is not covered by SIPC. The deposit is eligible for FDIC insurance subject to FDIC insurance coverage limits. All assets of the account holder at the depository institution will generally be counted toward the aggregate limit. The Program Bank will be assigned to your account during the account opening process. See the current list of eligible program banks. For more information, please see the FDIC Insured Deposit Sweep Program (PDF) This page will open in a popup window. disclosure document. For more information about FDIC insurance coverage, please visit the FDIC Web site at www.FDIC.gov This page will open in a popup window. or call 877-ASK-FDIC. Customers are responsible for monitoring their total assets at the Program Bank to determine the extent of available FDIC insurance. All FDIC insurance coverage is in accordance with FDIC rules.

    ETFs are subject to market fluctuation and the risks of their underlying investments. ETFs are subject to management fees and other expenses. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.