If you already hold assets besides cash, you may be eligible for an ACATS (Automated Customer Account Transfer Service) transfer. This is a seamless way to transfer assets at another firm to Betterment. Learn more about ACATS here. Depending on what you hold in your current portfolio, you may need to sell your shares and redeposit the funds into Betterment.The simplest way to fund your taxable Betterment account is by linking a checking account and making a deposit. This is because we want invest you in our own low cost, broadly diversified portfolio.
You can use our transfer guide to help determine if moving over may be right for you.
If you are inquiring about rolling over an IRA, 401(k), or other retirement plan, we'll use a direct transfer process to avoid tax consequences. A direct transfer entails your current provider sending us a check of your funds directly, for your benefit.