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Watch That Free Money For IRA Rollovers

TedTed
in The Bullpen
FYI: Back in the day, you could walk into a bank to open a new account and walk out with a free toaster.
Today, you can get anywhere from $50 to $2,500 for rolling over a 401(k) into an Individual Retirement Account, or just by moving an IRA from another financial institution.

But since banks are not in the habit of giving away money, you need to ask: What is the catch?
Regards,
Ted
http://www.reuters.com/assets/print?aid=USKBN0M11FH20150305
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