Capitalize 1% Match IRA Rollover

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Timeframe: 10/15/2024 - Ongoing

Offer

  • When rolling over your 401k account(s) into your SoFi Invest IRA account (Traditional or Roth) through Capitalize, you may receive a 1% match.

Payout

  • Bonuses will be paid within 60 days of the last day of the month in which the rollover funds are settled in the SoFi Invest account. 

Eligibility

  • SoFi Invest IRA account (existing or newly opened).
  • Completion of a 401k rollover via Capitalize into said IRA.
  • The rollover amount must be greater than $20,000.
    • Not Eligible: 
      • ACAT Transfers
      • SEP IRAs

Terms and Conditions
https://www.sofi.com/iramatchterms/ 

  • SoFi reserves the right to change the Offer terms or terminate the offer at any time without notice.
  • Assets are required to remain in the SoFi account for two (2) years.
  • SoFi reserves the right to recoup up to the bonus amount from any withdrawals that take place prior to the two (2) year period.
  • Participants must comply with the SoFi terms of use.
  • Offer subject to SoFi Invest account approval.
  • Active Investing and brokerage services are provided by SoFi Securities LLC, Member FINRA/SIPC, (Sofi Securities).
  • Clearing and custody of all securities are provided by APEX Clearing Corporation.

Important Tax Information

  • Bonus amounts of $600 or greater in a single calendar year are reported to the Internal Revenue Service (IRS) as miscellaneous income to the recipient on Form 1099-MISC in the year received as required by applicable law. 
  • Members are responsible for any applicable federal, state, or local taxes associated with receiving the bonus offer; consult a tax advisor to determine applicable tax consequences.

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