Compare your options

Features & Investments

Option 1:
Roll Over to a Fidelity IRA
Option 2:
Roll Over to New Workplace Plan
Option 3:
Stay in Old Workplace Plan
What are my investment choices? Wide Range of Options
Invest in your choice of mutual funds, stocks, bonds, ETFs, and FDIC-insured CDs.
Varies by Plan
Your options are limited by your plan's investment choices. Some plans may include lower-priced investments.
Varies by Plan
Your options are limited by your plan's investment choices. Some plans may include lower-priced investments.
Can I consolidate retirement accounts? Yes
You may move both 401(k)s and IRAs to Fidelity in order to consolidate and simplify your financial life.
Varies by Plan
If your plan allows, you may combine your old and new 401(k)s, as well as any IRAs, in a single account.
Varies by Plan
If your plan allows, you may combine your old and new 401(k)s, as well as any IRAs, in a single account.
Can I continue tax-deferred contributions? Yes1 Yes2 No

Fees, Expenses & Taxes

Option 1:
Roll Over to a Fidelity IRA
Option 2:
Roll Over to New Workplace Plan
Option 3:
Stay in Old Workplace Plan
Are taxes deferred on any growth? Yes1 Yes Yes
What if I hold appreciated employer stock in my plan? Special tax treatment may be available for your stock ("Net Unrealized Appreciation"). Consult your tax advisor for more information.
Will I pay annual account and maintenance fees? No
With a Fidelity IRA, you pay no annual account or maintenance fees.*
Varies by Plan Varies by Plan

* 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.

Loans & Withdrawals

Option 1:
Roll Over to a Fidelity IRA
Option 2:
Roll Over to New Workplace Plan
Option 3:
Stay in Old Workplace Plan
Can I take a loan from the account? No Varies by Plan Varies by Plan
Can I withdraw penalty-free for a qualifying first home purchase or college expenses? Yes No No
Can I withdraw penalty-free at age 55? No Sometimes
Depends on when you terminate employment.3
Sometimes
Depends on when you terminate employment.3
Can I defer minimum required distributions (MRDs) past age 70½? No Yes No

Other

Option 1:
Roll Over to a Fidelity IRA
Option 2:
Roll Over to New Workplace Plan
Option 3:
Stay in Old Workplace Plan
Are my assets protected from creditors? Federal protection applies, but state law varies4 Yes Yes
Keep in mind that investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
1. Traditional or Rollover IRA
2. The new employer may impose a waiting period.
3. You may take penalty free distributions from a qualified employer plan if you terminate employment with the employer sponsoring the plan during or after the year you reach age 55.
4. IRAs are protected under federal bankruptcy law; state law creditor protection of IRAs varies. Consult your legal advisor for more detailed information.
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