Sign On
| Features
|
Full Service Brokerage IRA
View details |
Intuitive Investor® IRA
View details |
WellsTrade® IRA
View details |
|---|---|---|---|
| Ability to work with a Financial Advisor who will develop a personalized investment strategy based on your goals.
|
A simple, easy way to get a low cost, professionally designed portfolio, automated investing technology, and access to financial advisors if and when you need it. With ongoing account monitoring and rebalancing.
|
An online brokerage account for managing your own investments. Buy and sell stocks, ETFs, and no-load mutual funds online. Pay $0 for online stock and ETF trades.
|
|
| Account review
|
Yes
|
Yes
|
|
| Access to Financial Advisors
|
In-person access to a dedicated Financial Advisor | Phone access to a team of Financial Advisors | |
| Access to no-load mutual funds including target date funds
|
Yes
|
||
| A variety of investment options (such as stocks, bonds, mutual funds, ETFs)
|
Yes
|
Yes
|
|
| Minimum opening deposit
|
$0
|
$500
|
$0
|
| Account fee
|
$125-$300 per household with ways to waive
|
All account advisory services included in your 0.35% annual advisory fee (PDF)
|
$0
|
| Get started
|
1-877-493-4727
Open a Full Service Brokerage IRA |
Open an Intuitive Investor account
|
1-877-573-7997
Open a Wells Trade IRA |
Wells Fargo Bank, N.A. is not accepting new applications for Destination® IRA savings accounts or CDs (time accounts) at this time.
If you currently have a Destination IRA and need help with contributions, rollovers, distributions, or a new account to fund your existing plan, please call 1-800-BEST-IRA (1-800-237-8472). View rates.
Please keep in mind that rolling over your QRP assets to an IRA is just one option. You generally have four options for your QRP distribution:
- Roll assets to an IRA
- Leave assets in your former employer’s QRP, if QRP allows
- Move assets to your new/existing employer’s QRP, if QRP allows
- Take your money out and pay the associated taxes
Each of these options has advantages and disadvantages and the one that is best depends on your individual circumstances. When considering rolling over your assets from a QRP to an IRA, factors that should be considered and compared between QRPs and IRAs include fees and expenses, services offered, investment options, when you no longer owe the 10% additional tax for early or pre-59 ½ distributions, treatment of employer stock, when required minimum distributions begin and protection of assets from creditors and bankruptcy. Investing and maintaining assets in an IRA will generally involve higher costs than those associated with QRPs. You should consult with the plan administrator and a professional tax advisor before making any decisions regarding your retirement assets.
Review information on FDIC coverage and SIPC protections (PDF)
