Bonus To Move IRA's To A Brokerage??

[PatrickA5]

DW had about $800K from an inheritance to move somewhere. I called my guy at FIDO and was offered nothing. Guess we didn't make the cutoff. We still moved the money over to them, just to consolidate, but it might be moving out at some point.

[Spock]

everybody is fretting about bonuses. To mangle Dire Straits: I want to "Get my priority phone number for nothing; Get my Turbo Tax for free".

[FIREd_2015]

I went over to the local Schwab branch and asked if they had any promotional offers. Here's the email I got after I opened an account online.

Thank you for choosing Schwab and investing in yourself with this offer. You're off to a great start.

Let's get started.
Make a net transfer of account assets into your eligible retail brokerage account ending in xxx on or before 04/26/2023, to earn your cash bonus in your account.

• Make a qualifying net transfer of account assets between US$250,000 and US$499,999 and you can earn a cash bonus of US$350.
• Make a qualifying net transfer of account assets between US$500,000 and US$999,999 and you can earn a cash bonus of US$700.
• Make a qualifying net transfer of account assets between US$1,000,000 or more and you can earn a cash bonus of US$1500.

How we calculate net deposits.
Net transfers are transfers into the account that are initiated with a paper or online Schwab Transfer of Account request (TOA) minus assets withdrawn from the account and transferred out of Schwab.

When you'll receive your cash bonus.
Net transfers will be calculated as of the 45th day after enrollment and Schwab will deposit the corresponding cash bonus into the account within approximately one week.

[Texas Proud]

Quote:

Originally Posted by RetiredAndLovingIt Thanks for this, I will check it out. I used to buy CD's from E-Trade Bank many years ago, not sure if this is the same company though.

You do not need to go to ETrade for the bonus... as others (and me) have pointed out almost all brokers will match...


Not sure about Vanguard though... have not heard anybody mention them.

[Texas Proud]

Quote:

Originally Posted by FIREd_2015 I went over to the local Schwab branch and asked if they had any promotional offers. Here's the email I got after I opened an account online. Thank you for choosing Schwab and investing in yourself with this offer. You're off to a great start. Let's get started. Make a net transfer of account assets into your eligible retail brokerage account ending in xxx on or before 04/26/2023, to earn your cash bonus in your account. Make a qualifying net transfer of account assets between US$250,000 and US$499,999 and you can earn a cash bonus of US$350. Make a qualifying net transfer of account assets between US$500,000 and US$999,999 and you can earn a cash bonus of US$700. Make a qualifying net transfer of account assets between US$1,000,000 or more and you can earn a cash bonus of US$1500. How we calculate net deposits. Net transfers are transfers into the account that are initiated with a paper or online Schwab Transfer of Account request (TOA) minus assets withdrawn from the account and transferred out of Schwab. When you'll receive your cash bonus. Net transfers will be calculated as of the 45th day after enrollment and Schwab will deposit the corresponding cash bonus into the account within approximately one week.

But Schwab will match the ETrade $3,500 offer if you ask... why go for only $1500?

[FIREd_2015]

Quote:

Originally Posted by Texas Proud But Schwab will match the ETrade $3,500 offer if you ask... why go for only $1500?

Cause I wasn't smart enough to ask

[Brook2]

I have the same exact question. Since I'm new here - I'm obviously missing where the button is, on how to follow on conversation, so I am posting to get future messages.

[braumeister]

Quote:

Originally Posted by Brook2 I have the same exact question. Since I'm new here - I'm obviously missing where the button is, on how to follow on conversation, so I am posting to get future messages.

Look at the top of the thread you're in.