Betterment has the ability to electronically transfer many ETFs and cash, as well as many mutual funds and single stocks, provided they are held in an ACATS-eligible account. When determining if your account is eligible for an ACATS transfer, we verify that the account meets all of the following requirements:
- Held by a provider that supports ACATS transfers.
- Classified as an ACAT-eligible brokerage account by your current provider.
- Legacy mutual fund accounts, annuities, and employer-sponsored plans (like a 401(k) or pension plan), generally, cannot be transferred via ACATS.
- Contains investments Betterment has the ability to transfer in-kind.
- For connected accounts, our automated transfer flows support inbound ACATS transfers for amounts over $5,000.
- For accounts that are not connected to Betterment, our automated transfer flows support inbound ACATS transfers for amounts over $10,000.
Please note, not all account types or providers are supported via ACATS transfer.
Accounts Eligible For Instant, Paperless ACATS Transfer to Betterment
At this time, Betterment requires you to connect any individual taxable and IRA accounts that you’d like to be considered for paperless ACATS transfer. Paperless ACATS transfers can be initiated directly from your Betterment account, with the click of a button.
Learn how to instantly connect your account(s) here. For connected accounts, our automated transfer flow supports inbound ACATS transfers over $5,000.
Note: We also support ACATS transfers for some joint accounts, trust accounts, and inherited IRAs but you’ll need to work with one of our transfer specialists, rather than through the website, as instant and paperless transfers are not yet an option for those account types. Please see our FAQ to learn how to begin the manual ACATS transfer process.
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