How to Transfer a Roth IRA from Fidelity to Chase You Invest

Retirement accounts aren’t just numbers on a screen — they’re an important part of your long-term financial strategy. Some investors may consider transferring a Roth IRA when they find a platform that better aligns with their goals. A properly executed transfer can help maintain your account’s tax-advantaged status while allowing you to adjust your investment approach.

At Carry, we want to make financial decisions feel more manageable, even if you’re handling them outside our platform. Please note that while we try to provide the most up-to-date information, these processes are subject to change without notice, so be sure to check with your provider before moving forward. 

Step 1: Understand Your Roth IRA Transfer Process

Moving your Roth IRA from Fidelity to Chase You Invest requires careful planning. A direct trustee-to-trustee transfer allows you to move your retirement funds without triggering taxes or early withdrawal penalties. This method helps preserve your account’s tax-advantaged status during the transition.

Chase You Invest generally supports direct transfers, allowing funds to move smoothly between financial institutions.

Step 2: Prepare Your Account Documentation

Before initiating the transfer, gather the following information:

✅ Your current Fidelity Roth IRA account number

✅ Personal identification (government-issued ID)

✅ Most recent Roth IRA statement from Fidelity

✅ Chase You Invest account information

✅ Social Security Number

✅ Contact information for both financial institutions

📝 Note: Double-check that your personal information matches exactly across both institutions to avoid transfer delays.

Step 3: Choose Your Transfer Method

You have three primary methods for transferring your Roth IRA:

1. Direct Trustee-to-Trustee Transfer: The safest and recommended method

2. Direct Rollover: Chase issues a check made payable to your new account

3. Indirect Rollover: You receive the funds and redeposit within 60 days (not recommended due to potential tax complications)

📝 Important: A direct trustee-to-trustee transfer is typically the most straightforward option to help minimize risk of tax consequences.

Step 4: Initiate the Transfer with Chase You Invest

Contact Chase You Invest’s customer service to start the transfer. They typically handle most of the paperwork and coordination with Fidelity. You’ll need to:

✏️ Hypothetical Example: Sarah called Chase You Invest and requested a direct transfer of her Roth IRA, providing her Fidelity account details during the conversation.

Step 5: Verify Transfer Details

Before finalizing the transfer, double-check:

📝 Reminder: Most Roth IRA transfers complete within 5–7 business days, but timing may vary depending on the institutions involved.

Step 6: Understand Potential Transfer Fees

Most brokers do not charge transfer fees for Roth IRAs. However, it’s always advisable to confirm specific details on fee structures with both institutions.

Potential costs to consider:

Step 7: Consider Tax Implications

A direct Roth IRA transfer is designed to be non-taxable when completed properly. 

Key points:

📝 Note: Always consult a tax professional for personalized guidance regarding your specific situation.

Step 8: Final Verification and Confirmation

After initiating the transfer:

✅ Monitor both your Fidelity and Chase You Invest accounts for status updates
✅ Confirm the complete transfer of funds
✅ Review your investment allocations
✅ Update any recurring contributions or automatic investment instructions if necessary

📝 Important Tip: Allow approximately 7–10 business days for the entire process to finalize.

📌 If you need any additional guidance, be sure to check out these related articles:

Final Thoughts on Transferring Your Roth IRA

Transferring a Roth IRA from Fidelity to Chase You Invest is a methodical process that requires careful attention to detail. The most important takeaway is to choose a direct trustee-to-trustee transfer, which helps protect your retirement savings from potential tax consequences.

Preparation is key — gather all necessary documentation, confirm that your account types match exactly, and understand the transfer methods available to you.

📝 Reminder: While the transfer process is generally straightforward, each step matters. Take the time to:

✅ Double-check account details
✅ Monitor the transfer status carefully
✅ Review your investment allocations after the transfer is complete

Everyone’s financial situation is unique. If you have specific questions about your retirement strategy, consulting a qualified financial professional may be beneficial.

📌 Want to dive deeper? Here are some other helpful resources:

---

Disclaimer:

The Carry Learning Center is operated by The Vibes Company Inc. (“Vibes”) and contains generalized educational content about personal finance topics. While Vibes provides educational content and technology services, all investment advisory services discussed on this website are provided exclusively through its wholly-owned subsidiary, Carry Advisors LLC (“Carry Advisors”), an SEC registered investment adviser. The information contained on the Carry Learning Center should not be construed as personalized investment advice and should not be considered as a solicitation to buy or sell any security or engage in a particular investment, accounting, tax or legal strategy. Vibes is not providing tax, legal, accounting, or investment advice. You should consult with qualified tax, legal, accounting, and investment professionals regarding your specific situation.

The accounts, strategies and/or investments discussed in this material may not be suitable for all investors. All investments involve the risk of loss, and past performance does not guarantee future results. Investment growth or profit is never a guarantee. All statements and opinions included on the Carry Learning Center are intended to be current as of the date of publication but are subject to change without notice.

To access investment advisory services through Carry Advisors, you must be a client of Vibes on an eligible membership plan. For more information about Carry Advisors’ investment advisory services, please see our Form [ADV Part 2A] (https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=916200) brochure and [Form CRS] (https://reports.adviserinfo.sec.gov/crs/crs_323620.pdf) or through the SEC’s website at [www.adviserinfo.sec.gov] (http://www.adviserinfo.sec.gov/).