If you have retirement savings with other retirement providers, you may be able to roll them over to your Guideline account. Whether you’ll be able to move your funds will depend on the type of account they’re coming from and going to.
You should speak with a financial adviser or tax advisor to determine the best course of action for your particular situation and to evaluate all providers equally before executing any transaction from your prior provider.
The chart below can help you determine if your funds will be eligible for a rollover to Guideline.
Why consider a rollover
Rolling over your other retirement accounts to Gusto could help with the following:
Streamlined savings: More easily keep track of your contributions, total savings, and portfolio performance, with all your retirement funds in one place.
Investment choices: With a Gusto retirement account, you’ll have access to six professionally managed portfolios or the ability to build a custom portfolio of our available funds.
Low costs: We select low-cost index funds, helping you keep more of your retirement savings.⁵ Gusto also does not charge for routine transactions, like loans, rollovers, and distributions.
Ready to get started?
Find out how to begin the rollover process with Gusto Retirement.
¹ Simple IRAs cannot be rolled over to a Traditional IRA, Roth IRA, or 401(k) (pre-tax) unless at least 2 years have passed since the first contribution was made to the Simple IRA. Starting in 2024, the 2-year requirement will be waived for SIMPLE IRA plans that terminate mid-year and transition to a Safe Harbor 401(k) plan provided the SIMPLE IRA balance is rolled into a 401(k) or 403(b) plan that meets certain requirements.
² There are specific requirements that must be met before assets in a 529 plan can be rolled over to a Roth IRA.
³ Funds will be distributed between traditional and Roth balances based on their origin (i.e., Roth funds will rollover to a Roth balance).
⁴ Non-Roth after-tax in a 401(k) cannot be rolled over to a Guideline 401(k).
⁵ Investment advisory services for Gusto’s 401(k) product (when 3(38) fiduciary services are appointed) and SEP IRA/IRA products are offered by Guideline Investments, LLC, an SEC-registered investment adviser. The managed portfolios have blended expense ratios ranging from 0.058% to 0.061% of assets under management. Expense ratios for custom portfolios will vary. These expense ratios are subject to change by and paid to the fund(s). View full fund lineup
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