What is a Rollover IRA?

Rolling over your 401(k) to a ShareBuilder IRA allows you to move your money out of your former employer's retirement plan without tax consequences or other penalties. It's all done in a few easy steps:

1. Open a ShareBuilder Rollover IRA. The information you provide here will establish your IRA and be instrumental to the funds distribution from your former employer to ShareBuilder.
2. Notify your former employer that you are rolling over your assets to a ShareBuilder IRA. They will inform you of any further responsibilities on your part.
3. When you receive confirmation that the funds have been transferred, go to your IRA account and select your portfolio.