Whether changing jobs or newly retired, you may be facing a decision on what to do with a 401(k) or another retirement savings account that you had with your past employer.
You're in charge of your Retirement Savings.
By rolling over retirement assets to a Zecco Trading no-commission tax-advantaged IRA, many benefits are available. For example, by rolling over your 401(k) to Zecco Trading you receive increased investment options including:
- All listed stocks, and more than 340 listed ETFs.
- No commissions on online equity trades.
- Gain control of your overall retirement plan.
- Invested assets retain a tax-deferred status.
- You can trade up to 10 times a month commission-free with a $2,500 minimum account net equity. Additional trades cost only $4.50 each.
Rollover IRA Checklist
Please follow these simple steps to ensure a smooth rollover of your 401(k) or other employer-sponsored retirement plan to Zecco Trading, or to transfer assets from a non-employer sponsored plan, such as an existing Traditional IRA or Roth IRA.
To roll over cash assets from your employer's 401(k):
- Open a Zecco Trading Rollover IRA online now. Click here to proceed. Do not forget to mail the required documents after completion of the online application form (see also the instructions at the confirmation page of the online application form).
- Contact your former employer's Plan Administrator to request a direct rollover of your plan assets.
- Complete any distribution forms required by your former employer/Plan Administrator.
- Instruct the Plan Administrator to issue a distribution check made payable to: Penson Financial Services (the clearing firm for Zecco Trading financial transactions). The check should also note that it is "For the benefit of (your name)" and contain your Rollover IRA account number. Mail the check (or have the check mailed to):
Zecco Trading
PO Box 60126
Pasadena, CA 91116, USA
- Confirm when your former employer/Plan Administrator will distribute the funds (this varies according to each plan's requirements).
- Visit www.zecco.com and check your account to verify that your funds have been deposited.
To roll over securities positions held in an existing Traditional, or Roth IRA:
Please download and complete this form:
ACAT Transfer Form
Please submit this form to Zecco Trading along with the other forms required.
If you need further information about rolling over your IRA account, please contact us via:
Email: customerservice@zeccotrading.com
Fax: (909) 657-6638
Phone: (909) 657-6655
Zecco Trading, Inc. is not a tax advisor. The Internal Revenue Service Code that governs IRAs is complex, and state tax laws regarding IRAs may differ as well. We recommend that you consult with a qualified tax advisor as you formulate your retirement planning needs.