Charles Schwab Transfer Fee (ACAT Out on Brokerage and IRA Account) 2021

How much does Charles Schwab charge in ACAT fee for full and partial IRA and taxable brokerage account transfer out (stock positions, mutual funds, ETFs). Cost of Charles Schwab transfer of account eligible assets, address; and outgoing wire fee.

Withdrawing Cash Out of Schwab

If you just want to withdraw some money out of your Charles Schwab account and keep the account open, then read Charles Schwab Withdrawal Options article.

Charles Schwab ACAT Fee

Charles Schwab ACAT fee is $50 for a full account transfer and $25 for a partial account transfer (stock positions, mutual funds, ETFs), regardless of account size. This transfer fee applies also to all Charles Schwab IRA accounts (ROTH, traditional, SEP, SIMPLE). Transfer of title for certificates (re-registering securities held in certificate form) is $25 per position.

Some brokerages offer very high reimbursements of other brokers account transfer fees. While the average ACAT transfer fee is around $75, brokerages like Ally Invest offers up to $150 if you transfer an account to them. Others, like TD Ameritrade, will offer a transfer reimbursement if you call, but they do not make that statement on their website.

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Charles Schwab Wire Transfer Fees

Outgoing wire transfers at Charles Schwab are $25 per transfer. Incoming wire transfers are no charge.

Charles Schwab Top Competitors

Broker Review Promotion
Mutual Fund
Annual IRA
WeBull Get 2 FREE stocks valued up to $1,850. $0 na $0 $0
Ally Invest Up to $3,000 cash bonus + $0 commission trades. $0 $9.95 $0 $0
TD Ameritrade $0 commissions + transfer fee reimbursement. $0 $49.99 $0 $0

Charles Schwab Overview

The broker just lowered its commissions and now charges $0 on stock and ETF trades. No-load mutual fund transactions carry a steep $49.95 price tag to buy. Selling mutual funds is free. Options contracts are $0.65 each.

Charles Schwab minimum deposit to open any account is $1,000 for cash account and $2,000 for margin account. There is no minimum account balance requirement as well as no account maintenance or inactivity fees at this broker.

Charles Schwab is a solid brokerage choice that many investors like. Commissions are competitive if you plan on trading. They often run promotions that allow you to trade for free for a limited time so take advantage of those if you plan on doing a lot of trading. They offer a good amount of commission free ETFs so investing for the long-term has never been easier, even if you have a unique investment approach.

Schwab's fees are low across the board and you'll never pay any inactivity or maintenance fees. You'll always have plenty of information and if you choose to invest simply then they will manage your portfolio for free with Charles Schwab Intelligent Portfolios©. With a highly customizable platform at a low cost, Charles Schwab is definitely one of the best brokerages out there.

Charles Schwab Investing Review


Schwab's clients can open a Traditional, Roth, Inherited, Rollover, SEP, SIMPLE, or Custodial IRA. There are no special fees for any of these accounts—no setup, inactivity, or annual fees. The broker does require a minimum deposit of at least $1,000 for all IRAs except the Custodial, which has a $100 minimum. The $1,000 opening deposit for non-Custodial accounts can be waived by setting up regular monthly deposits of at least $100 into the account.

Schwab's website has a lot of resources for retirement planning. There is a required minimum distribution calculator that helps investors determine yearly amounts that need to be withdrawn. Another tool evaluates whether a Roth IRA conversion is advisable based on a series of questions about the user's financial status. There's also an excellent retirement planning quiz that leads users step-by-step through a series of questions that then provides the correct answers.

Charles Schwab ACAT Fees Disclaimer

For the most recent information on Charles Schwab ACAT fees (including full and partial fees on Charles Schwab account transfer out, wire transfer and ACH charges, and ACAT eligibility status) visit their website.