E*Trade IRA Bonus Of $250-$40,000

Update: Code RETIRE26 was extended through 10/31/26. Same 12-month hold. Current Link (ht WF)

Update: New code RETIRE26; expires June 30, 2026; 12-month hold. Current Link

Update 12/11/25: This link has higher tiers and expires on 12/31/25. This link the bonuses aren’t as good, it expires on 1/31/26.

Update: There’s another link with lower tiers and with better bonuses at the lower tiers. This  offer is valid through 7/31. (This other offer uses promo code RETIRE25.)

The Offer

Direct Link to offer

• e*Trade is offering an IRA bonus (or rollover of 401k to IRA) of up to $40,000 for clients who open one new eligible E*TRADE from Morgan Stanley retirement account.
  • $25,000 gets $250
    $100,000 gets $625
    $200,000 gets $1,000
    $500,000 gets $2,000
    $1,000,000 gets $5,000
    $2,000,000 gets $8,000
    $5,000,000 gets $15,000
    $10,000,000 gets $20,000
    $15,000,000 gets $30,000
    $20,000,000 gets $40,000

The Fine Print

• Must enroll in this offer by 3/31/2025 and fund within 60 days.
• Funds must be maintained for 12 months.
• Each client is limited to a lifetime maximum of two new account offers, across all client accounts (and not just the E*TRADE retirement account eligible for this offer).

Our Verdict

This offer is for an IRA transfers, and the tiers are mostly better than on the e*Trade brokerage transfer offer. Overall this is a solid offer and well worth considering for someone with a large IRA account balance. This should work for either a traditional IRA or Roth IRA (but seemingly not for a combination of the two).

We’ll add this to our List of Best Brokerage Bonuses. 

Hat tip to avsterbone