How to convert a traditional IRA to a Roth IRA | Vanguard (2024)

Table of Contents

If youalreadyhave a Vanguard Roth IRA ConvertonlyVanguard mutual funds from your traditional IRA Convert investments from your traditional IRA brokerage account If you want toopena new Roth IRA Is your traditional IRA at another company? We're here to help

If youalreadyhave a Vanguard Roth IRA

The steps you follow depend on what types of accounts you have and the types of investments you want to convert.

ConvertonlyVanguard mutual funds from your traditional IRA

Begin the exchange process online(logon required)

Convert investments from your traditional IRA brokerage account

If you hold ETFs (exchange-traded funds), individual stocks and bonds, or other investments in a Vanguard traditional IRA brokerage account …

Start at your balances and holdings(logon required)

Then locate the traditional IRA you want to convert and clickConvert to Roth IRA.

IS A ROTH IRA CONVERSION RIGHT FOR YOU?

Understand the benefits of a Roth conversion

Learn more

If you want toopena new Roth IRA

You need to have a Vanguard Roth IRA already set up in order to receive converted assets. So there are a few extra steps.

Begin the process to open an account online

When asked to select your funding method, choose I’d like to fund my account with a rollover, asset transfer, or fund exchange from an investment account, and then finish opening the account.

Once your new account has been opened, log in to your My dashboard. Select Transact and choose Exchange (sell to buy) Vanguard mutual funds to fund your new account using this funding method.