Request for Direct Rollover to a Traditional IRA
This form is used to assist in moving eligible retirement plan assets to a Traditional IRA. This form should accompany the IRA Enrollment Form.
- Complete all requested information*
- Print the form
- Sign
- Send to: IRA Department, Principal Bank, PO Box 9351, Des Moines, IA 50306-9467
*Notes when completing the form:
- Failure to complete all necessary information may create a delay in processing
- Be sure to indicate if the entire balance of the retirement plan is to be rolled over or only a portion of the plan. If only rolling over a specific investment from a retirement plan, please include the account number.
- If you are age 70 ½ or older and must take Required Minimum Distributions (RMDs) from your retirement plan, please contact your plan administrator to be sure that this requirement is satisfied before the rollover occurs. The penalty for failure to take the annual RMD for any distribution year is a 50% excise tax on the amount not distributed.
Open form (PDF: 105 KB)
