Compare your options

Features & Investments

Option 1:
Roll Over to a Fidelity IRA		 Option 2:
Roll Over to New Workplace Plan		 Option 3:
Stay in Old Workplace Plan
What are my investment choices? Wide Range of Options

Invest in your choice of mutual funds, stocks, bonds, ETFs, and FDIC-insured CDs

 Varies by Plan

Your options are limited by your plan's investment choices. Some plans may include lower-priced investments.

 Varies by Plan

Your choices may be limited by your plan's investment options. Some plans may include lower-priced investments.
Can I consolidate retirement accounts? Yes

You may move both 401(k)s and IRAs to Fidelity in order to consolidate and simplify your financial life.

 Varies by Plan

If your plan allows, you may combine your old and new 401(k)s, as well as an IRA, in a single account.

 No

If you elect to keep your savings with your former employer, you can't continue to add to it through payroll contributions or rollovers from an IRA.
Can I continue tax-deferred contributions? Yes1 Yes2 No

Features & Investments

Option 1: Roll Over to a Fidelity IRA

What are my investment choices? Wide Range of Options

Invest in your choice of mutual funds, stocks, bonds, ETFs, and FDIC-insured CDs
Can I consolidate retirement accounts? Yes

You may move both 401(k)s and IRAs to Fidelity in order to consolidate and simplify your financial life.
Can I continue tax-deferred contributions? Yes1

Option 2: Roll Over to New Workplace Plan

What are my investment choices? Varies by Plan

Your options are limited by your plan's investment choices. Some plans may include lower-priced investments.
Can I consolidate retirement accounts? Varies by plan

If your plan allows, you may combine your old and new 401(k)s, as well as an IRA, in a single account.
Can I continue tax-deferred contributions? Yes2

Option 3: Stay in Old Workplace Plan

What are my investment choices? Varies by Plan

Your choices may be limited by your plan's investment options. Some plans may include lower-priced investments.
Can I consolidate retirement accounts? No

If you elect to keep your savings with your former employer, you can't continue to add to it through payroll contributions or rollovers from an IRA.
Can I continue tax-deferred contributions? No

Fees, Expenses & Taxes

Option 1:
Roll Over to a Fidelity IRA		 Option 2:
Roll Over to New Workplace Plan		 Option 3:
Stay in Old Workplace Plan
Are taxes deferred on any growth? Yes Yes Yes
What if I hold appreciated employer stock in my plan?

N/A

No

Special tax treatment may be available for your company stock ("Net Unrealized Appreciation"). Consult your tax advisor for more information.
Will I pay annual account and maintenance fees? No

With a Fidelity IRA, you pay no annual account or maintenance fees.*

 Varies by Plan Varies by Plan
*No account fees or minimums to open Fidelity retail IRA accounts. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs), and commissions, interest charges, and other expenses for transactions, may still apply. See Fidelity.com/commissions for further details.

Fees, Expenses & Taxes

Option 1: Roll Over to a Fidelity IRA

Are taxes deferred on any growth? Yes
What if I hold appreciated employer stock in my plan?

N/A
Will I pay annual account and maintenance fees? No

With a Fidelity IRA, you pay no annual account or maintenance fees.*

Option 2: Roll Over to New Workplace Plan

Are taxes deferred on any growth? Yes
What if I hold appreciated employer stock in my plan?

No
Will I pay annual account and maintenance fees? Varies by Plan

Option 3: Stay in Old Workplace Plan

Are taxes deferred on any growth? Yes
What if I hold appreciated employer stock in my plan?

Special tax treatment may be available for your stock ("Net Unrealized Appreciation"). Consult your tax advisor for more information.
Will I pay annual account and maintenance fees? Varies by Plan
No account fees or minimums to open Fidelity retail IRA accounts. Expenses charged by investments (e.g., funds, managed accounts, and certain HSAs), and commissions, interest charges, and other expenses for transactions, may still apply. See Fidelity.com/commissions for further details.

Loans & Withdrawals

Option 1:
Roll Over to a Fidelity IRA		 Option 2:
Roll Over to New Workplace Plan		 Option 3:
Stay in Old Workplace Plan
Can I take a loan from the account? No Varies by Plan Varies by Plan
Can I withdraw penalty-free for a qualifying first home purchase or college expenses? Yes No No
Can I withdraw penalty-free at age 55? No Yes3 Yes3

Loans & Withdrawals

Option 1: Roll Over to a Fidelity IRA

Can I take a loan from the account? No
Can I withdraw penalty-free for a qualifying first home purchase or college expenses? Yes
Can I withdraw penalty-free at age 55? Yes3

Option 2: Roll Over to New Workplace Plan

Can I take a loan from the account? Varies by Plan
Can I withdraw penalty-free for a qualifying first home purchase or college expenses? No
Can I withdraw penalty-free at age 55? Yes3

Option 3: Stay in Old Workplace Plan

Can I take a loan from the account? Varies by Plan
Can I withdraw penalty-free for a qualifying first home purchase or college expenses? No
Can I withdraw penalty-free at age 55? Yes3

Other

Option 1:
Roll Over to a Fidelity IRA		 Option 2:
Roll Over to New Workplace Plan		 Option 3:
Stay in Old Workplace Plan
Are my assets protected from creditors?

Federal protection applies, but state law varies4

 Yes Yes

Other

Option 1: Roll Over to a Fidelity IRA

Are my assets protected from creditors?

Federal protection applies, but state law varies4

Option 2: Roll Over to New Workplace Plan

Are my assets protected from creditors? Yes

Option 3: Stay in Old Workplace Plan

Are my assets protected from creditors? Yes