Author Topic: Transfer Roth from TDAmeritrade to Vanguard - anything to do?  (Read 1888 times)

bobcobb7

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Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« on: November 06, 2017, 11:45:20 AM »
Hi all,

Planning to transfer my Roth IRA in-kind from TDAmeritrade to Vanguard. All holdings are Vanguard ETFs. Anything that I need to be aware of before completing the process via Vanguard online? I don't have a Roth IRA at Vanguard so this would be a new account.

Thanks
« Last Edit: November 06, 2017, 01:49:58 PM by bobcobb7 »

Rollin

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #1 on: November 06, 2017, 06:59:26 PM »
Sounds pretty simple and no hiccups. I'm doing the same with my Personal Capital IRA (to VG), but they are different funds going into Vanguard. I'm using the advisory service to help. You could call them and ask your question, but I bet they'll say you are doing it right.

secondcor521

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #2 on: November 06, 2017, 07:11:02 PM »
I'm a longtime happy Vanguard customer.

One thing to keep in mind is that for lots of stuff that you want to do, Vanguard has a form that you print, fill out, and mail in.  They do not do as many things online as you might expect.

So if, in the process of your transfer, Vanguard asks you to fill out a form, that is probably to be expected but may be a bit unexpected by a new customer such as yourself.

TempusFugit

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #3 on: November 06, 2017, 09:32:40 PM »
I did ths a few months ago from troweprice to vanguard.  I had to print out a form and take it to my bank to get a special notorized - like signature and send it back to troweprice.  That was their requirement not vanguard. Otherwise pretty straightforward.   Took a few weeks.

bobcobb7

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #4 on: November 07, 2017, 05:59:02 AM »
Thanks all. I'll proceed as planned.

TomTX

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #5 on: November 12, 2017, 06:41:53 AM »
Vanguard is great and all, but if you're already in Vanguard ETFs - why are you bothering to move? Did TDA customer service fail you or something? Costs should be similar.

smallstache

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #6 on: November 12, 2017, 12:24:32 PM »
Vanguard is great and all, but if you're already in Vanguard ETFs - why are you bothering to move? Did TDA customer service fail you or something? Costs should be similar.

Probably because TDA dropped Vanguard from its list of commission-free ETFs in favor of State Street.

TomTX

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Re: Transfer Roth from TDAmeritrade to Vanguard - anything to do?
« Reply #7 on: November 12, 2017, 05:09:46 PM »
Vanguard is great and all, but if you're already in Vanguard ETFs - why are you bothering to move? Did TDA customer service fail you or something? Costs should be similar.

Probably because TDA dropped Vanguard from its list of commission-free ETFs in favor of State Street.

Ah, right. Thanks.