Easily move your retirement savings from a 401(k) (or eligible employer plan) to an M1 IRA. This guide explains your rollover options, required steps, and important details to help ensure a smooth transfer.
Starting your 401(k) rollover with M1
If you’re ready to move your 401(k), 403(b), or 457(b) to an M1 IRA, follow these steps:
1. Open an M1 IRA
Open an M1 Traditional IRA to maintain tax-deferred (pre-tax) status of most employer plan assets
Open an M1 Roth IRA to continue tax-free growth of Roth (post-tax) assets
Rolling over both pre-tax and Roth assets? Open both a Traditional and Roth IRA
Rolling pre-tax assets into a Roth IRA is a taxable event—consult a tax professional if you’re unsure
Confirm the tax status of your assets with your plan administrator or recent account statement
2. Initiate your rollover in the M1 app or website
Go to the Home tab
Select Move Money
Choose Transfer from another brokerage
Select A 401(k), 403(b), or 457(b)
Review the rollover overview and tap Start rollover
Answer rollover questions—our partner Capitalize will manage the process for you
3. Get your M1 IRA ready for incoming funds
Your rollover check will be sent to and deposited by Apex Clearing into your M1 IRA
If Auto-Invest is enabled in your account, the funds will be invested automatically
For additional guidance:
Checking your rollover status (with Capitalize)
Email Updates
Capitalize will email you with milestones and request more info if needed
M1 Platform:
View status of existing rollovers
Or repeat the rollover steps—when prompted for your old retirement plan, tap View my rollovers
Alternative: Manually initiating a rollover (Without Capitalize)
If you prefer not to use Capitalize, you can work directly with your previous plan administrator:
Step 1: Contact your plan administrator
Initiating a rollover typically requires you to complete a form that provides instructions on where you’d like your funds to be sent.
Your provider may allow you to complete this form online on their website, often located under a section such as “Account Details,” “Withdrawals,” or “Rollover.
If this is not the case, you’ll want to contact your 401(k) provider directly via email or phone and state that you would like to initiate a rollover to your M1 IRA. You can ask about the following:
Required paperwork (acceptance letters, Medallion signature guarantees, etc.)
For 403(b) and 457(b) plans, confirm if Third Party Administrator (TPA) approval is needed
That your account names match exactly (to avoid rejection of funds)
How the rollover check will be delivered
Step 2: Provide M1 IRA details for check delivery
Give your provider these instructions:
Make checks payable to: Apex Clearing
Memo line: Your full name and M1 IRA account number
Mail to:
Apex Clearing c/o BPO
350 North St. Paul Street #1300
Dallas, TX 75201
Important
If the check is sent to your address, forward it promptly to the Apex Clearing address above
If it's made out to you (not Apex Clearing), endorse the check before sending
Timeline
Allow 14 days for mail delivery before contacting M1 for assistance
Rollover of 529 Plans (Secure Act 2.0)
To roll a 529 Plan into a Roth IRA:
Use the check delivery steps above
Contact M1 Client Success to notify us it’s a 529 contribution, so your funding history can be updated
Important: Please consult a tax or financial professional regarding 529 eligibility or rollover limits. M1 cannot provide tax or legal advice.
Prepare your M1 account
Once Apex Clearing receives your check, it will be deposited into your selected M1 IRA
Funds will be invested automatically if auto-Invest is enabled
We also recommend visiting the Rollover FAQ Article for additional information.
A rollover is only one of your retirement investment options. Other options include leaving the money at an old employer plan, moving it to a new employer plan, or cashing out. There may be benefits of leaving your investments in an employer plan, including but not limited to the benefit of an employer match or loan options.
Please see IRS guidance about rollovers for additional details.
Brokerage accounts on the M1 platform are either fully disclosed to APEX Clearing or cleared through M1 Finance LLC. Please look at your account statement to determine how your account is cleared.
All investing involves risk, including the risk of losing the money you invest. Past performance does not guarantee future performance. Using margin can add to these risks. Users utilizing APEX cleared margin accounts should review the APEX margin account risk disclosure before borrowing. Users utilizing M1 cleared margin accounts should review the M1 margin account risk disclosure before borrowing. M1 Margin Loans are available on margin accounts with at least $2,000 invested per account. Not available for Retirement or Custodial accounts. Margin rates may vary.
Brokerage products and services are offered by M1 Finance LLC, Member FINRA / SIPC, and a wholly owned subsidiary of M1 Holdings, Inc.
This content was generated using artificial intelligence and is intended for informational and educational purposes only. While reasonable efforts are made to ensure accuracy, AI-generated outputs may omit key context; and should not be construed as financial, investment, legal, or tax advice. Users should independently verify all information and consult a qualified professional before making any financial decisions.
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