Changing Jobs or Retiring? Roll Over Your Old 401(k) to a Firstrade No-Fee Rollover IRA
If you’re changing jobs or retiring and you want to keep your investments growing tax-deferred without incurring penalties, a Rollover IRA may be a great option for you. This type of retirement account allows individuals to roll over their assets from their employer-sponsored retirement plan-401(k) to an IRA account, which means you may be able to completely avoid penalties and enjoy a tax-deferred benefit. Rollover assets encompass a range of investments, such as mutual funds, options, stocks, bonds, and CDs.
If you’re changing jobs or retiring and you want to keep your investments growing tax-deferred without incurring penalties, a Rollover IRA may be a great option for you. This type of retirement account allows individuals to roll over their assets from their employer-sponsored retirement plan-401(k) to an IRA account, which means you may be able to completely avoid penalties and enjoy a tax-deferred benefit. Rollover assets encompass a range of investments, such as mutual funds, options, stocks, bonds, and CDs.
How to rollover your retirement plan to Firstrade
Rolling over an existing pre-tax 401k plan is simple. With Firstrade, once you've opened your Rollover IRA account, you'll be able to transfer your 401k plan into your new account. Check out this link for step-by-step instructions. However, if your existing 401(K) is a post-tax plan (Roth 401k), you will have to open a Roth IRA account and roll over your assets there.
Benefits of opening a Rollover IRA account at Firstrade
Step-by-step guidance from one of our IRA specialists
We’ve made the process of opening an account at Firstrade easy, but if you’re not sure how to proceed or if you have additional questions, our IRA specialists are ready to assist you.
No account fees or deposit minimum to open an account
Make your money work for you with Firstrade’s absolutely no-fee IRA. We don’t charge any account management, inactivity, handling or assistance fees, nor do we require a minimum deposit when you open an account with us.
Access to a wide range of investment products with $0 commission
Firstrade offers a wide range of investment products for you to build a diversified portfolio with $0 in commission fees. Trade stocks, options & mutual funds to maximize your potential earnings with this tax-advantaged account.
Interested in learning more about Our No-fee IRAs? Visit Firstrade’s website today.
Firstrade 3.3.11 is Here. Customization, Chatbot and More.
Happy New Year and we hope your 2021 is off to a good start! We’ve released several new features and lots of improvements to make your trading experience at Firstrade as easy and convenient as possible. Read on for all the details!
Happy New Year and we hope your 2021 is off to a good start! We’ve released several new features and lots of improvements to make your trading experience at Firstrade as easy and convenient as possible. Read on for all the details!
Edit Columns
You can now customize how market data is presented on your Positions and Watchlist screen. Just go to Account > Profile & Settings, tap on Edit Positions Columns or Edit Watchlist Columns to add/remove and arrange columns in the exact order you prefer.
Firstrade Assistant
Get around-the-clock and immediate answers to your questions with the Firstrade Assistant. You can find the Firstrade Assistant under the Account tab at the bottom right corner of your screen.
What’s New
We’re constantly updating the app to make your trading experience better. Just tap on Account > What’s new in this release to learn more about our latest app features and how they work.
Download or update your Firstrade App here.
As always, we’re working to make your experience with Firstrade the best we possibly can. If you have any feedback, please let us know, we’d love to hear from you!
Top 25 Most Traded Stocks by Investors at Firstrade in December 2020
Get the full list of top favored stocks and ETFs among Firstrade investors in the last month.
Here’s the full list of top favored stocks among Firstrade investors. Then learn how to begin investing for the future with a Firstrade account!
Tesla Inc. (TSLA)
Palantir Technologies Inc. (PLTR)
Apple Inc. (AAPL)
NIO Inc. (NIO)
Taiwan Semiconductor Mfg. Co. Ltd. (TSM)
Alibaba Group Holding Ltd. (BABA)
Advanced Micro Devices (AMD)
Moderna Inc. (MRNA)
Zoom Video Communications Inc. (ZM)
Square Inc. (SQ)
Luminar Technologies Inc. (LAZR)
NVIDIA Corp. (NVDA)
Fubotv Inc. (FUBO)
Xpeng Inc. (XPEV)
Teladoc Health Inc. (TDOC)
American Airlines Group (AAL)
Pfizer Inc. (PFE)
Snowflake Inc. (SNOW)
Nano Dimension Ltd. (NNDM)
Boeing Co. (BA)
Carnival Corp. (CCL)
Salesforce.com Inc. (CRM)
Unity Software Inc. (U)
Quantumscape Corp. (QS)
Fastly Inc. (FSLY)
Goodbye 2020, Hello 2021: We’re Giving Away 10 iPhones and Free Stocks!
We’re starting the new year with a fresh new promotion! We’re giving away 3 free stocks + a chance to win an iPhone 12 when you open a new Firstrade account between 12/31/2020-1/15/2021. This promotion is available to U.S residents who open an individual, joint or custodial account during the promotion period.
We’re starting the new year with a fresh new promotion! We’re giving away 3 free stocks + a chance to win an iPhone 12 when you open a new Firstrade account between 12/31/2020-1/15/2021. This promotion is available to U.S residents who open an individual, joint or custodial account during the promotion period.
Here’s how it works:
1. To get 1 free stock, open an account from 12/31/2020 - 1/15/2021.
2. To get 2 additional free stocks, deposit at least $100 or more within 30 days of account approval.
3. To get a chance to win an iPhone 12, send in your initial deposit early (by 1/15/2021) to be automatically entered in the Firstrade Free Stocks & iPhone Raffle promotion. Firstrade will draw 10 winners on 1/18/21.
Check out this link to learn more.
Firstrade offers the best value in the industry by providing our clients access to a full suite of investment products, research, tools and excellent customer support, with simple, straightforward and unbeatable pricing:
$0 COMMISSION TRADES ON STOCKS, OPTIONS AND MUTUAL FUNDS.
$0 FOR OPTIONS CONTRACTS.
NO HIDDEN FEES, NO CATCH.
Don't miss out, open and fund your account today and enjoy these gifts from Firstrade to help you get started on your investing journey. Cheers!
New! Options 101 Course - Trade your First Option with Firstrade!
Firstrade, in partnership with OptionsPlay are excited to bring you new and exclusive course for novice options traders! Whether you are brand new to the world of options, or have some experience and want to cement your knowledge, this course is designed to help you learn about the fundamentals of options trading. Join Tony Zhang, Chief Strategist at OptionsPlay and CNBC’s Options Action Contributor, as he navigates through the initial hurdles of options trading in this exciting 4 part webinar series.
Firstrade, in partnership with OptionsPlay are excited to bring you new and exclusive course for novice options traders! Whether you are brand new to the world of options, or have some experience and want to cement your knowledge, this course is designed to help you learn about the fundamentals of options trading. Join Tony Zhang, Chief Strategist at OptionsPlay and CNBC’s Options Action Contributor, as he navigates through the initial hurdles of options trading in this exciting 4 part webinar series.
We start with an introduction to options trading on December 2nd 2020. This webinar will cover the basics, but vital concepts of placing your first options trade and provides the foundation needed for further learning. We then move on to learning how to generate income using options and the best practices to be employed when selling options to grow the income stream for your portfolio. Our 3rd webinar will focus on speculating on directional moves and how best to trade your outlook using options. We end the course with learning how to enter orders and manage your positions effectively. This course is not to be missed!
Register here for All 4 Courses in the Series -
Dec 2, 2020 - Introduction to Options Trading
Dec 16, 2020 - Generate Income for your Portfolio using Options
Jan 6, 2021 - Speculate with Limited Risk using Options
Jan 20, 2021 - Entering Options Orders & Managing Positions