Once you leave your company, you can rollover your funds to Guideline IRA. (1) There’s no fee to set up a Guideline IRA or distribution fee to rollover your 401(k) funds. However there are other fees to consider:
-IRA Monthly Base Fee (accounts with $10,000 or less in assets: $2/ month
-IRA Monthly Base Fee (accounts with more than $10,000 in assets: $4/ month*
-Annual Account Fee: 0.08%
IRA account holders are also responsible for the payment of third-party mutual funds fees, which are charged directly from the IRA account holder’s assets by the mutual funds in which they invest. To review other 401(k) account distribution options see the article “What happens to my Guideline 401(k) account if I leave the company?”
*This pricing will go into effect starting 9/1/2021 for new customers. For existing Customers the pricing will remain $5/ month and no Annual Account fee for accounts with more than $10,000 in assets until 11/1/2021. At that time the pricing will be reduced to $4 and incur the Account Fee moving forward.
- When deciding whether to keep your Guideline account open long-term or transferring your funds to another account, you should consider all associated fees. We recommend reviewing Guideline’s fee disclosure here and comparing against the fees charged by other providers to determine whether keeping your Guideline account is the right choice for you.
- Learn more about our fees here
- For purposes of determining the IRA Monthly Base Fee, account assets are determined based on the average daily balance of the account over the billable month.
- Calculated and deducted on a monthly basis at 1/12 of the annual stated rate (0.08%) based on the account balance on the last day of the month.