Rollover

Simplify your retirement savings, enjoy tax benefits, and receive guidance.

A rollover to an IRA lets you transfer funds from an employer-sponsored plan, like a 401(k) or 403 (b), into an IRA without paying taxes or penalties. Consider all your options, including taxes, fees, and expenses, before moving money between accounts. Assess all benefits of current accounts before moving money.

Moving your funds from an old 401(k) into an IRA can give you greater control over your retirement assets.

Grow your investments with tax advantages-and get guidance that helps you make the most of them.³

Access a range of investments and advisory services.

When you open an Empower Premier IRA, we can manage it for you, or you can manage it with guidance when you need it.³
Choose from 130+ mutual funds managed by leading industry fund managers.⁴
No minimum to open.

Open your new Empower IRA online in less than 5 minutes.

Contact your prior 401(k) provider to move your money.

Deposit your money into your IRA.

Invest your money; we’re here with advice when you want it.

If you’re looking to fund a rollover with $100K or more, now’s the time to make strategic moves with your money. Let's talk about your Personal Strategy.⁵

You can have more control, save time, and could even lower fees with a rollover. Consider all your options, including taxes, fees, and expenses, before moving money between accounts. Assess all benefits of current accounts before moving money.

An IRA can help you grow retirement savings with tax advantages, investment choices, and long-term financial wellness. Learn about IRA benefits

Yes, you can have multiple IRAs, but keep in mind that annual contribution limits apply across all accounts. Learn more about IRAs and contribution limits.

With a deferred tax advantage, Roth IRAs may be best suited to early-career savers or those earning lower income than what they expect to earn later in life. Alternatively, due to the upfront tax advantages, a traditional IRA may be a better fit for high-earners who expect to be in a lower tax bracket during retirement. Learn more about Roth vs. Traditional IRAs.

Get a clear picture of the potential growth and tax implications of two different accounts using our free tool. See the tool.⁶

A Roth IRA has the potential to grow tax-free, so your investments can build over time, and you withdraw any earnings tax-free in retirement. Learn more about Roth IRAs.

Roth IRAs have unique tax benefits, including tax-free growth and withdrawals. Learn more about Roth IRA tax benefits.

Unlike some other tax-advantaged retirement accounts, the Roth IRA allows you to access money at any time, tax-free after five years and age 59½.⁷ Learn more about withdrawal.

Yes, you can contribute to both a 401(k) and an IRA. However, there are rules to keep in mind. For more information, read this article.

Industry-standard encryption, multifactor authentication, and fraud protection help keep your assets and information safe.

1 As of March 31, 2025. Assets under administration (AUA) refers to the assets administered by Empower. AUA does not reflect the financial stability or strength of a company. 
2 Empower satisfaction survey and IVR data as of June 2022.
3 Online Advice and Managed Accounts are part of the Empower Advisory Services suite of services offered by Empower Advisory Group, LLC, a registered investment adviser. Past performance is not indicative of future returns. You may lose money.
4 Other account fees, fund expenses, or brokerage or service fees may apply.
5 Personal Strategy advisory services are available when you invest $100,000 or more with us. Personal Strategy Wealth Management advisory services are available when you invest $250,000 or more with us. Empower Private Client advisory services are available when you invest $1,000,000 or more with us. Advisory fees do not include underlying fund expenses, brokerage fees, or other costs that may apply. Please review our full fee schedule for details.
6 IMPORTANT: The projections or other information generated on the website by the investment analysis tool regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results, and are not guarantees of future results. The results may vary with each use and over time.
7 Withdrawals may be subject to income tax and a 10% early withdrawal penalty if taken before age 59½.

*At the time the testimonial was collected, the featured individual was a client of Empower Advisory Group, LLC (EAG) and was not compensated for providing this testimonial. This testimonial is representative of the client’s views at the time it was collected. Testimonials are not representative of the experience of all clients and are not a guarantee of future performance.

Advisory services are provided for a fee by Empower Advisory Group, LLC (EAG). EAG is a registered investment adviser with the Securities and Exchange Commission (SEC) and an indirect subsidiary of Empower Annuity Insurance Company of America. Registration does not imply a certain level of skill or training. Investing involves risk. Past performance is not indicative of future returns. You may lose money. Advisory fees are calculated based upon the amount of assets being managed (as detailed further in the Empower Advisory Group, LLC Form ADV).

Consider all your options, including taxes, fees, and expenses, before moving money between accounts. Assess all benefits of current accounts before moving money.

Investing involves risk, including possible loss of principal. This site is designed for U.S. residents. Non-U.S. residents are subject to country-specific restrictions.

Unless otherwise noted: Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | Funds May Lose Value | Not Insured by Any Federal Government Agency

Securities, when presented, are offered and/or distributed by Empower Financial Services, Inc. (EFSI), Member FINRA/SIPC. EFSI is an affiliate of Empower Retirement, LLC; Empower Funds, Inc.; and registered investment adviser Empower Advisory Group, LLC. This material is for informational purposes only and is not intended to provide investment, legal, or tax recommendations or advice.

EFSI Form CRS | Reg BI Disclosure | SEC Rule 605-606

Start your rollover with confidence

Reap the tax benefits and more

More control

Tax advantages

Flexible investing and advice

1:1 guidance to help you prepare for retirement

Set up your IRA in just a few steps

Open

Contact

Deposit

Invest

Elevate your IRA to a wealth management strategy

Have an old 401(k)?

FAQ

Get money news and viewpoints

Can you have multiple IRAs?

Can I contribute to a 401(k) and an IRA?

Why value retailers are winning over higher-income shoppers

Multilayered security and data privacy

Start your rollover with confidence

Reap the tax benefits and more

More control

Tax advantages

Flexible investing and advice

1:1 guidance to help you prepare for retirement

Set up your IRA in just a few steps

Open

Contact

Deposit

Invest

Elevate your IRA to a wealth management strategy

Have an old 401(k)?

FAQ

What are some benefits of an IRA?

Can I have multiple IRAs?

Roth IRA vs. traditional IRA: Which should I choose?

How do growth potential and tax differences compare between a pretax account and a Roth account?

How do I grow my wealth for retirement with a Roth IRA?

What are the rules for Roth IRA taxes, and how do they work?

What are the rules for a Roth IRA withdrawal?

Can I contribute to a 401(k) and an IRA?

Get money news and viewpoints

Can you have multiple IRAs?

Can I contribute to a 401(k) and an IRA?

Why value retailers are winning over higher-income shoppers

Multilayered security and data privacy