What Is Beagle 401k?
Beagle is a free online service that helps you quickly find and consolidate your old 401k accounts. To use Beagle, simply create an account and enter your information into the search engine. Beagle will then locate your old 401k accounts and provide you with instructions on how to consolidate them and save on fees. Best of all, the service is free to use, and it could save you thousands!
Pros & Cons
Beagle 401k Features
Consolidate Your Retirement Accounts: Beagle quickly finds and consolidates all your old 401k accounts into one place.
Free To Use: There are no hidden fees or charges with Beagle regardless of the number of retirement accounts you link.
Automatic Account Transfers: Once you've found your old 401k accounts, Beagle will help you transfer them over automatically.
Track Your Progress: Keep track of your progress with Beagle's easy-to-use interface.
Save On Fees: Beagle 401k provides you with a breakdown of the fees you're paying, so you can make informed decisions about your retirement and what accounts you want to consolidate or close.
Early Access to 401k & IRA Accounts: Beagle 401k gives you early access to your retirement accounts by allowing you to take a loan against your accounts at 0% interest.
Bottom Line
If you're looking for an easy and free way to consolidate your old 401k accounts, Beagle is a great option. With its simple interface and automatic account transfers, Beagle makes it easy to track your progress and save on fees. However, if your previous 401k plan is not offered by Beagle, this may not be the best option for you since you won't be able to take advantage of many of the features offered.
FAQ
How Much Does Beagle 401k Cost?
Beagle 401k is free to use! There are no hidden fees or charges.
Does Beagle Help With My 401k Rollover?
Beagle helps you find your old 401(k) from your former employer and roll it over into a better IRA with lower fees. To get started, sign up in 3 minutes and follow the instructions to transfer your funds into a tax-advantaged IRA, which saves you time and money.
How Long Does The Beagle 401k Rollover Process Take?
Once you initiate a rollover request, rollover transfers can take 4 days to 2 weeks to complete. These timelines can vary depending on the financial institution and former employer managing your 401(k) plan. Directly transferring your 401(k) to another retirement account only takes 3 to 5 days, while indirect transfers that involve an employee receiving and depositing a paper check themselves can take 1 to 2 weeks because of mailing and delivery times.