Funding your account with transfers and rollovers
Move cash, transfer investments and roll over retirement assets into your J.P. Morgan investment account. Don’t have an account yet? Get started.
How to roll over your 401(k) or other employer-sponsored plan
If you have any questions, please review our rollover guide (PDF) or call us at 1-833-829-6472.
1. Open an IRA if you don’t already have one
If you already have an IRA, you don’t need to open one if you’re rolling over your 401(k) to the same type of IRA (ie: Traditional 401(k) to Traditional IRA).
When rolling over a Traditional 401(k): Consider opening a Traditional IRA.
When rolling over a Roth 401(k): Consider opening a Roth IRA.
2. Reach out to your current plan administrator
- Learn about your plan administrator’s requirements for an eligible rollover. See our list of helpful questions to ask your plan administrator.
- Ask your plan administrator to make the check payable to your J.P. Morgan Securities LLC. See what should be included on your rollover check.
3. Deposit your check into your J.P. Morgan account
You can either:
- Have your 401(k) check delivered directly to J.P. Morgan. View the mailing address.
- Or if your plan administrator sends the check to you, deposit it using Chase QuickDeposit℠ in the Chase Mobile® app or visit your local Chase branch.
If you'd like to track your check's delivery status, your plan administrator may be able to help.
Frequently asked questions about rollovers
Here are some questions you can ask your old 401(k) plan administrator:
- Is a distribution form required?
It might be. If additional paperwork is required, have them send it to you and we can help you complete it if needed. - If a distribution form is required, who, aside from myself, needs to sign it before I send it back to you?
If a distribution form is required, please know who, aside from yourself, needs to sign it before you send it back to your plan administrator. - Is a letter of acceptance required?
If your plan administrator requires a letter of acceptance, you can either:- Call us at 1-800-392-5749 or
- Send us a secure message by choosing “New message”, then “I have a question about one of my accounts,” then choose your account and “Other inquiry.” Indicate that you need a letter of acceptance, then choose “Send message.”
- Does my account include company stock?
If you have shares of company stock included in your old 401(k), it's easiest to give us a call at 1-833-829-6472 so that we can discuss how to include them in your rollover. - Where will you send my distribution check?
You can have them send your distribution check directly to J.P. Morgan or to you, and then deposit it into your account. However, how the check is made out is very important—please ensure your provider follows the guidelines in the FAQ answer below.
Specify “payable to” details If you’ve decided to complete a direct rollover, tell your plan administrator to include this information on the rollover check:
- Payable to: J.P. Morgan Securities LLC FBO [Your name] IRA
- Memo line: Your IRA account number, account type and rollover type (“direct rollover”)
Ask your plan administrator to send the check to you or directly to your J.P. Morgan IRA at one of these addresses:
Overnight delivery:
J.P. Morgan Securities LLC Lockbox 21002
7610 W. Washington St., Floor 1
Indianapolis, IN 46231-1335
Regular mail:
J.P. Morgan Securities LLC Lockbox 21002
P.O. Box 44987
Indianapolis, IN 46244-0987
If you have trouble using Chase QuickDeposit℠., please note that it doesn’t support all account and check types. Here are your alternatives:
- Complete the IRA Check Deposit by Mail Form (PDF): download the form, fill it out and follow the instructions to mail your check.
- Visit a local Chase branch and deposit your check in person.
No, J.P. Morgan doesn’t charge fees for rollovers. However, the institution that you’re moving assets out of may charge a fee. You should check with them before scheduling a rollover.
Additionally, while J.P. Morgan doesn’t charge fees for the transfer itself, there may be fees associated with the products and services related to your account after the transfer. To learn more, please refer to our Guide to Investment Services and Brokerage Products (PDF).
Yes, generally speaking you can combine rollovers and contributions in the same IRA. However, Traditional IRA and Roth IRA funds must be kept in separate accounts.
A Traditional IRA has tax-deferred growth potential. Your contributions may be tax-deductible. Your earnings, if any, are tax-deferred and will be included in your taxable income at the time of withdrawal.
A Roth IRA has tax-free growth potential. Your contributions are not tax-deductible. Your earnings, if any, are tax-deferred and may be withdrawn tax-free if certain conditions are met.
Our Retirement Desk is available Monday–Friday from 8 AM to 9 PM ET or Saturday from 9 AM to 5 PM ET at 1-833-829-6472. You can also contact your J.P. Morgan advisor if you have one, or your tax or legal professional.
