Make the long row easier. Roll over into an M1 IRA.

Rollover your retirement account into an M1 IRA to save on fees from your plan provider, get control over how you invest, and potentially earn a bonus. 

Retirement rollovers at M1

What is a rollover?

It’s common to collect employer-sponsored retirement accounts over the course of a career, such as a 401(k) or 403(b). You can “roll over” such accounts into a self-directed M1 IRA anytime, without penalty.

M1 supports direct and indirect rollovers

You can choose to have your provider mail a check with your retirement funds directly to M1 for a direct rollover, or have it sent to you for an indirect rollover.

Roll over in 3 steps

Roll over step 1

Open an M1 IRA account

You’ll need your new account number for the next step.

Roll over step 2

Initiate your rollover

Have your account provider write a check payable to Apex Clearing FBO [Your Name], with your name and new M1 IRA account number printed in the memo line.

Roll over step 3

Start investing

Once your retirement funds land in your new M1 IRA (1-2 weeks), you have everything you need to build and execute your own automated, self-directed investing strategy.

Use M1 to unlock your long-term wealth

Avoid management fees

Employer-sponsored accounts often charge fees that can eat into your earnings. M1 accounts are self-directed, with no management or commission fees. Commission-free trading of stocks and ETFs refers to $0 commissions charged by M1 Finance LLC for self-directed brokerage accounts. Other fees may apply such as regulatory, M1 Plus membership, account closures and ADR fees. For complete list of fees, visit M1 Fee Schedule.

Broad investment options

The M1 platform offers a wide range of stocks, ETFs, and pre-built portfolios tailored to common investment approaches.

Automate your strategy

Invest in a portfolio that rebalances itself dynamically and drives toward your targets while you live, work, and play.

See the big picture

Consolidate your investments on a highly visual platform that makes it easy to see how your portfolio is performing.

Rollover with confidence 

Get the answers you need to make the switch today. 

Visit the Help Center 

The first steps—opening your M1 IRA account and contacting your account provider(s)—move as fast as you do! Once you’ve initiated your rollover, it can take up to 2 weeks for your retirement funds to land in your new M1 account.

M1 won’t charge you any fees to rollover your retirement account(s). However, most plans charge an outgoing fee.

There is a $500 minimum initial balance requirement for M1 retirement accounts.

You can roll over any type of employer-sponsored retirement plan, including:

  • 401(k) plans 
  • 403(b) plans  
  • 457 plans  

No. Your assets will be liquidated and mailed as a check to M1 when you roll over into an M1 IRA. Once your funds clear, you will be able to invest in your first Pie.

Yes. During the direct rollover process at M1, your provider will mail a check directly to M1’s clearing firm (Apex Clearing FBO).

Let’s get rolling 

Start your rollover now and take control of your retirement.

The M1 Team is here to help.

Ask us a question or schedule a call.

A rollover is only one of your options for your retirement account, please see IRS guidance about rollovers for additional details/considerations.

401(k) and IRA Rollover Promotion: Transfer a retirement account to M1 and earn up to $5,000  

During the Promotion Period, new and existing M1 customers that transfer an employer sponsored retirement account (401k, 403b, or 457 plans) to M1 can earn up to $5,000. Here’s how to get started:  

1. Open an M1 IRA account (and Payment Account) 

2. Initiate the rollover- (see FAQs)

3. Check delivery and deposit

4. Prepare you M1 account for your rollover check

5. Promotional Credits (see table below) will be paid to eligible clients on July 31, 2024

For more information on getting started, see our FAQs

TERMS AND CONDITIONS 

Promotion Period: June 5, 2023 (12:00 AM EST) through August 31, 2023 (11:59 PM EST).   

During the Promotion Period, this promotional offer is valid for new and existing M1 customers who successfully complete a retirement account rollover of at least $50,000 in aggregate (“Transfer Account Value1”) during the Promotion Period (the “Rollover Promotion”). The appropriate M1 retirement account must receive a rollover funds request prior to expiry of the Promotion Period, and must also receive the rollover funds no later than fourteen (14) days after expiry of the Promotion Period. Any unsuccessful rollovers (requests, funds, etc) will be deemed ineligible. This offer is non-transferable, and not valid with any of the following: (i) internal transfers, (ii) ACH deposits (bank transfers), or (iii) wire transfers. Any rollover funds in the form of a written check must be post-marked no later than the last day of the Promotion Period, and received no later than fourteen (14) days after the close of the Promotion Period. Proof of mailing does not constitute proof of delivery. M1 is not responsible for any carrier loss or delay in delivery.   

Cryptocurrency, ACATS, internal transfers, ACH or wire transfers are not eligible for retirement rollovers. Additionally, any security transferred via rollover that is not traded by M1 will be liquidated, including but not limited to Mutual Funds and Over-The-Counter securities.  

If you satisfy the aforementioned conditions, M1 will make a one-time deposit into the cash balance of your M1 Payment Account3 equal to the applicable Promotional Credit2 based on the aggregate Transfer Account Value1 (see table below) on July 31, 2024 (the “Payout Date”), however, the following accounts are ineligible to receive any Promotional Credit: any retirement, custodial or trust accounts. The “Transfer Account Value” is determined as the current market value of all holdings and cash transferred during this Promotion Period, in aggregate, on the day the transfer is completed to the qualifying account which must remain equal to, or greater than, the value after the net deposit was made (minus any losses due to trading, market volatility or margin debit balances) at time of the Payout Date. Reallocation of any Transfer Account Value funds transferred for this Rollover Promotion either externally, or internally to any other M1 services (e.g., M1 Spend), prior to the Payout Date will disqualify you from the Rollover Promotion. The Promotion Credit deposited by M1 is a fixed cash value and does not constitute stock or any other security, nor is it a recommendation to buy any specific stock or other security. M1 may charge the account for the cost of the offer at its sole discretion. M1 reserves the right to restrict or revoke this offer at any time. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.   

Transfer Account Value1 Promotional Credit2 
$50,000 – $99,999.99 $250 
$100,000 – $249,999.99  $500 
$250,000-$499,999.99  $1,000 
$500,000 – $999,999.99 $2,500 
$1,000,000+ $5,000 

Any Promotional Credits will not be applied for any transfer which has completed retroactively.  

This Spring Promotion is independent from the M1 Referral Promotion available to you at any given time, but you are expressly prohibited from qualifying for or combining this Spring Promotion with any other ACATS promotion during this Promotion Period, if any.   

3 Payment Accounts 
Any Promotional Credit2 is deposited into your designated Payment Account. A “Payment Account” must be an individual or joint brokerage account (funding not required). A Payment Account cannot be a retirement or cryptocurrency account. You are required to have a valid Payment Account to receive any Promotional Credit.  

If you have more than one taxable account, you can change the Payment Account at any time from Settings>Payment

This promotion is non-transferrable. Offer available only to individuals who are 18 years or older and are legal U.S. Residents. M1 reserves the right to terminate this offer at any time, to limit the amount of account bonuses you are eligible to receive, and to refuse or recover any promotion award if M1 determines that it was obtained under wrongful or fraudulent circumstances, that inaccurate or incomplete information was provided, or that any terms of the M1 Terms of Use or Account Agreement have been violated. This offer is not valid if the name on the M1 account is different than the name on the outside brokerage account requested for the rollover.  

General Conditions: By participating in this Rollover Promotion, you agree to release, discharge, indemnify, and hold harmless, M1, its affiliates, retailers, and advertising and promotion agencies, and all of their respective officers, directors, members, managers, partners, and employees from any liability or damages that may arise out of participation in this Rollover Promotion or out of acceptance, use, misuse or possession of the cash deposit attained through this promotion. All applicable federal, state, and local laws and regulations apply.   

Taxes related to M1 promotional offers are your responsibility. All promotional items and cash received during the calendar year will be included on your consolidated Form 1099. You are encouraged to consult a legal or tax advisor for the most recent changes to the U.S. tax code and for rollover eligibility rules.  

Your Personal Information: Personal information collected in connection with this offer will be used in accordance with M1’s Privacy Policy.  

The Promotion Period expires at 11:59pm ET on August 31, 2023. M1 is the sole timekeeper of this promotion.