BancWest Investment Services Rollover IRAs

Roll over your former 401(k) or other employer-sponsored retirement plan into a rollover IRA and consolidate your assets to enjoy greater control over your retirement money.

Keeping Your Former 401(k) vs. Rolling It Over

Leave assets
in former
employer's plan
Roll over to
BancWest
Investment Services
Personalized, ongoing support from a dedicated Financial Advisor with a BancWest Investment Services full-service account.
Easier to stay on top of your investments when you have them all in one place.
Discounted pricing for online orders executed in your investment accounts when you have a Premier Checking account.2
Ability to borrow from 401(k) plan.
(May have associated tax consequences.)

More investment choices than many 401(k) plans.

Access to a broad range of mutual funds.
Withdrawals before age 59½ may not be subject to a 10% additional federal tax if you separated from your former employer on or after age 55. Ordinary income tax will apply. (Additional plan-specific withdrawal limitations may apply.)

Rollover IRA Benefits

  • Choice: Select from an array of investment options that may be significantly greater than those available through your former employer-sponsored plan, which may help you make the most of your money.
  • Value: Enjoy the opportunity to hold on to more of your money from the start by potentially saving on fees.3
  • Convenience: Easily monitor your investments in one place.
  • Helpful tools and resources: Refine your retirement planning and make educated investing decisions with our Retirement Income Calculator, screeners for mutual funds and exchange-traded funds (ETFs), library of informative articles and more.
  • Experienced Retirement Consultants: Get guidance for your retirement planning. We’ll even help with paperwork and consult with your previous employer or plan administrator to ensure the rollover process goes smoothly.

When you’re ready to retire and receive distributions from your retirement account, BancWest Investment Services can help you set up a distribution plan that fits your needs.

1Opening a Bank of the West Premier Checking account requires a minimum opening deposit of $500. The $30 monthly service charge will be waived for your first two (2) statement cycles and may be waived thereafter when you maintain at least $75,000 combined average monthly balance per statement cycle in this Bank of the West Premier Checking account plus other eligible personal Bank checking, money market, savings, CDs, and IRAs, and prior end-of-month account balances in eligible BancWest Investment Services investment accounts. Deposit and loan products are offered by Bank of the West. Member FDIC. Equal Housing Lender.

Fifteen (15) $0 commission order executions for equities and Exchange-Traded Funds ("ETFs") per calendar month, per account ($6.95 order executions thereafter), for self-directed orders placed via the BancWest Investment Services online platform, subject to certain terms and conditions and additional fees (please refer to https://www.bankofthewest.com/personal-banking/investments/self-directed-investor.html for further details about self-directed investing available through BancWest Investment Services). If an order placed via the online platform is executed over multiple days, each day's executions for that order will be counted separately and applied against the remaining available $0 commission order executions available that month.

2Deposit and loan products offered by Bank of the West, member FDIC.

3Online Preferred Pricing is only available to individuals with an active Premier Checking account. Individual Online Preferred Pricing eligibility is determined on a daily basis by BancWest Investment Services. Online Preferred Pricing does not apply to business/corporate accounts, investment club accounts, partnership accounts, limited liability accounts or certain fiduciary or custodial accounts. Please contact BancWest Investment Services for additional information.

2Online Preferred Pricing is only available to individuals with an active Premier Checking account. Individual Online Preferred Pricing eligibility is determined on a daily basis by BancWest Investment Services. Online Preferred Pricing does not apply to business/corporate accounts, investment club accounts, partnership accounts, limited liability accounts or certain fiduciary or custodial accounts. Please contact BancWest Investment Services for additional information.

Signature Checking recognizes your preferred customer status and rewards you with premium interest rates, waived fees and other benefits. Learn more or apply now. No minimum balance is required to open a Signature Checking account. However, a minimum balance is required to avoid monthly service charges. Some accounts and services and the fees that apply to them vary from state to state. Standard deposit account fees apply. Relationship requirements and pricing are subject to change without notice.

3Average retirement plan costs have historically ranged from 1% to 1.5% of plan assets, according to the 401(k) Averages Book.