Transfer IRAs for the T. Rowe Price advantage
Consolidating IRAs into one account at a firm you already trust can simplify life and ease the transition from saving to spending, when the time comes. But there are more reasons than just simplicity for transferring to T. Rowe Price:
Strong long-term performance potential.
Simplified investment choices.
No transfer fees. Low investment costs.1,2 And transferring does not trigger taxes.
Transfers can often be completed online and electronically funded.
Financial Consultants available when you want assistance.
Can help qualify for higher tier Summit Program benefits.3
"I appreciate how smoothly and quickly my transfer of the Roth IRA to T. Rowe Price went."
- Client of 17 years
Testimonials may not be representative of the experience of other customers and there is no guarantee of future performance.
Transfer or Rollover?
They're different.
If you want to move an IRA to T. Rowe Price from another provider, an IRA transfer may be right for you.
If you’re looking to move an employer-sponsored retirement plan (such as a 401k) a Rollover IRA may be right for you.
How transfer works
STEP 1
Tell us the type of IRA you are transferring
You can move a Roth IRA or traditional IRA without paying taxes.
STEP 2
Select your investment(s)
Choose your own mutual funds, get a Retirement Fund recommendation, or get T. Rowe Price advice.
STEP 3
Authorize your transfer
Provide details about the account(s) you are moving.
Take the next step to consolidate accounts
Helpful items to have handy when you get started:
Name of IRA provider.
Type of account you are transferring (brokerage assets may need to be converted to cash prior to funding).
Account number(s) for IRAs you are transferring.
Amount(s) you are transferring.
Get help if you need it 1-866-294-5526.
Electronic transfers may take as little as five to seven business days. If paperwork is required, the transfer will take longer.
If you prefer to start your transfer by mail, please download, complete, and return a Mutual Fund Transfer form (PDF) to: T. Rowe Price, P.O Box 1750, Baltimore MD 21297-1150
The advantage of consolidating with T. Rowe Price
Retirement Funds: Historically higher balances in up and down markets. You have many worthy choices for your IRA transfer. Among them, the T. Rowe Price Retirement Funds have a history of delivering more for retirement investors.4
See how our approach has meant larger balances for retirement.
Simplified Investment Choices. Our Retirement Funds provide diversified portfolios for your retirement goals—in one simple investment. Simply choose the fund with the target date closest to the year you plan to retire. Or choose from over 100 other funds suitable for your IRA.
No transfer fees. Low investment cost. Low costs keep more of your money working for you. T. Rowe Price does not charge a fee to transfer IRAs, no matter how many you transfer.2 And, over 90% of our funds for individual investors have expense ratios below their peer category averages.1
of our Retirement Funds with a 10-year track record beat their 10-year Lipper average as of 3/31/2024.5
Investment Management Experience
T. Rowe Price Retirement Funds have received the Gold Analyst Rating by Morningstar, their highest rating offered.6
Looking for a way to keep your goals on track?
Consider our Retirement Advisory Service.
Our service offers an advisor-guided pathway for your goals. It’s designed for investors with assets of $250,00 or more and delivers a personalized plan created by our in-house professionals.7
1Source: Lipper Inc. 140 of 153 of our Investor Class funds (excludes funds not available for direct purchase) more than 6 months old had gross expense ratios below their Lipper averages based on fiscal year-end data available as of 3/31/2024..
2Please note that an IRA may be subject to an annual fee, and a fee may be assessed if the IRA is closed.
3Summit Program benefits may be provided through T. Rowe Price Services, Inc., or its affiliates
4The principal value of the Retirement Funds is not guaranteed at any time, including at or after the target date, which is the approximate year an investor plans to retire (assumed to be age 65) and likely stop making new investments in the fund. If an investor plans to retire significantly earlier or later than age 65, the funds may not be an appropriate investment even if the investor is retiring on or near the target date. The funds’ allocations among a broad range of underlying T. Rowe Price stock and bond funds will (with the exception of the Retirement Balanced Fund) change over time. The funds (other than the Retirement Balanced Fund) emphasize potential capital appreciation during the early phases of retirement asset accumulation, balance the need for appreciation with the need for income as retirement approaches, and focus on supporting an income stream over a long-term postretirement withdrawal horizon. The funds are not designed for a lump-sum redemption at the target date and do not guarantee a particular level of income. The funds maintain a substantial allocation to equities both prior to and after the target date, which can result in greater volatility over shorter time horizons.
536 of our 56 Retirement Funds had a 10-year track record as of 3/31/2024 (includes Investor, I Class, Advisor, and R Class Shares). 35 of these 36 funds (97%) beat their Lipper average for the 10-year period. 42 of 42 (100%), 24 of 42 (57%), and 38 of 39 (97%) of the Retirement Funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 3/31/2024, respectively. Calculations are based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)
6Retirement 2005-2060 Funds Investor Class, as of 2/9/2022 Morningstar US Fund Target Date category.
7The T. Rowe Price Retirement Advisory Service™ is a non-discretionary financial planning service and a discretionary managed account program provided by T. Rowe Price Advisory Services, Inc., a registered investment adviser, under the Investment Advisers Act of 1940. Brokerage accounts for the Retirement Advisory Service are provided by T. Rowe Price Investment Services, Inc., member FINRA/SIPC, and are carried by Pershing LLC, a BNY Mellon company, member NYSE/FINRA/SIPC, which acts as a clearing broker for T. Rowe Price Investment Services, Inc. T. Rowe Price Advisory Services, Inc. and T. Rowe Price Investment Services, Inc. are affiliated companies.