Capitalize & Webull Partnership to Streamline 401(k) to IRA Rollovers

Capitalize, a platform dedicated to online retirement account transfers, today announced a strategic partnership with Webull, a digital investment platform. This collaboration will allow Webull clients to easily locate and transfer their old 401(k) accounts into Individual Retirement Accounts (IRAs) directly through the Webull platform.

Capitalize and Webull Partnership to Streamline 401(k) to IRA Rollovers

The new partnership integrates Webull’s advanced trading tools with Capitalize’s Embedded Rollover API, the industry’s first API designed to facilitate seamless rollovers within financial institutions. By incorporating this cutting-edge technology, Webull users will benefit from a simplified, efficient process for transferring legacy retirement accounts, such as 401(k)s, into IRAs with Webull. This integration aims to streamline the management of retirement savings, all within a single platform.

“We are constantly looking for ways to leverage technology to provide greater access and empower our users to achieve important financial milestones,” said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. “Retirement savings play a crucial role in our users’ financial well-being, and our partnership with Capitalize offers them a straightforward solution to transfer and manage their retirement savings directly on Webull.”

“We are excited to collaborate with Webull to provide their users with an efficient and digital way to consolidate their retirement accounts,” said Gaurav Sharma, CEO and Co-founder of Capitalize. “Our goal is to help more Americans take control of their retirement savings and build wealth for a more secure future.”

Also, Webull joins a growing list of financial institutions using Capitalize’s Embedded Rollover API to enable users to find and transfer retirement accounts easily. Capitalize’s technology helps individuals quickly locate forgotten or left-behind 401(k) accounts and consolidate them, improving the overall rollover experience.

So, this new feature will be available to Webull’s U.S. users in the coming weeks, helping to reduce the $1.65 trillion currently tied up in unclaimed 401(k) assets.

Lastly, take a look at the Best Forex Brokers according to our experts.