The best options to rollover 401k to IRA

[xenon3030]

I am changing my employer and I have around 180k in my 401k account with Fidelity. I plan to rollover it to one external IRA to take the ownership of my investments, buy some stocks/ETFs, and also get a good SUB.

Which brokerage do you recommend as the host for this IRA plan (traditional)?

PS: I have an IRA ME and my total asset with BOA/ME is 35k. If I do the rollover to ME, my BOA premium tier gets upgraded from Gold to Plat honor and I receive a SUB of $250. Is there a better option (etrade, Morgan Stanley, Chase, US Bank, ...)? 

[RSX]

i rolled my last 401k into my USBank account IRA when i left my last company

if BOA is your main bank, and they will give you a SUB - might as well stick it with them

[PNWRambler]

This is probably one of those things where you ask 10 people and get 10 very different answers.  Personally I would stay away from a bank for an IRA; banks tend to have fewer investment options and lower rates of return.  Personally I like Fidelity and Vanguard.  Probably two of the larger names in IRA's and I've used them both.  I recently rolled my 401k from my last job to Vanguard and it was a very smooth process.  I was able to put it into mutual funds that have an average rate of return of 12%+ over the last 10 years.  That's worth far more than a SUB in my opinion.

[SouthJamaica]

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@xenon3030 wrote:

I am changing my employer and I have around 180k in my 401k account with Fidelity. I plan to rollover it to one external IRA to take the ownership of my investments, buy some stocks/ETFs, and also get a good SUB.

Which brokerage do you recommend as the host for this IRA plan (traditional)?

PS: I have an IRA ME and my total asset with BOA/ME is 35k. If I do the rollover to ME, my BOA premium tier gets upgraded from Gold to Plat honor and I receive a SUB of $250. Is there a better option (etrade, Morgan Stanley, Chase, US Bank, ...)? 

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I like American Century Investments.

https://www.americancentury.com/invest/accounts/retirement-ira/rollover/

[keekers]

Fidelity or Vanguard.

[Mdowning30]

I will recommend Charles Schwab.

[TyrannicalDuncery2]

If you want to maximize SUB, Webull has a pretty high promo and I think you can make it higher through a referral bonus.

But I think they have very limited features, limited asset types, worse execution, and of course not as long of a track record.

[Hansolojr]

I like the Merrill option since it bumps you into Platinum Honors and boosts your BOA card setup.  Use this link for an improved $350 SUB versus the $250 you have seen:

Merrill Edge $750 Exclusive Offer

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@xenon3030 wrote:

I am changing my employer and I have around 180k in my 401k account with Fidelity. I plan to rollover it to one external IRA to take the ownership of my investments, buy some stocks/ETFs, and also get a good SUB.

Which brokerage do you recommend as the host for this IRA plan (traditional)?

PS: I have an IRA ME and my total asset with BOA/ME is 35k. If I do the rollover to ME, my BOA premium tier gets upgraded from Gold to Plat honor and I receive a SUB of $250. Is there a better option (etrade, Morgan Stanley, Chase, US Bank, ...)? 

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[xenon3030]

I called ME and they said that any new money outside of BOA/ME would qualify for the SUB (they have terms for one per 12 months). They said that no new account is required and I can roll-over to my existing IRA. So, I decided to go for ME to bump up my BOA preimum rewards tier to Plat honor.

[xenon3030]

I did the roll-over today to ME. There is a new cash offer of up to 1k: https://www.merrilledge.com/offers/pr1000