Roll Over an Account
Simplify your retirement planning
As you change jobs during your career, it’s easy to forget about retirement accounts you leave behind.
Moving — or rolling over — your retirement savings into one account can make managing your retirement savings easier.
Choose the rollover option that’s right for you*
Principal offers a couple of different options for rolling over your old retirement accounts. Both of these options offer the potential for growth over time and continued tax deferral.
- Transfer to a retirement plan account with Principal. Simplify your retirement planning with one website, one statement and one dedicated team. Log in to your account or call us at 800-547-7754 and our retirement specialists can help you get the process started.
- Open an IRA. At Principal, your IRA comes with Principal RolloverPlusSM. This program provides a personal consultation with a financial professional, seamless account set-up, customized action plans1, annual check-ins1, and more to help with your retirement planning. Call us at 800-247-8000 ext. 2251 to talk through your options and determine if an IRA is right for you. Or, open your IRA online.
There are several options for your retirement savings and each has pros and cons to consider. Learn more about your retirement savings options (PDF).
Help to simplify your retirement savings
Our step-by-step process will help you take control of your retirement savings and begin building the future you deserve.
This document is intended to be educational in nature and is not intended to be taken as a recommendation.
1 As part of the Principal RolloverPlus program, you have the option to receive educational help from us on how you are doing with your financial goals. By providing a dedicated counselor and/or the annual check-in feature, we are not providing investment advice, undertaking an investment advisory relationship with you or monitoring your IRA investments for you.
*You should consider the differences in investment options and risks, fees and expenses, tax implications, services and penalty-free withdrawals for your various options. There may be other factors to consider due to your specific needs and situation. You may wish to consult with your tax or legal advisor.
Financial professionals at 800-247-8000 ext. 2251 are sales representatives for the members of the Principal Financial Group. They do not represent, offer or compare products and services of other financial services organizations.
The subject matter in this communication is educational only and provided with the understanding that Principal® is not rendering legal, accounting, investment advice or tax advice. You should consult with appropriate counsel or other advisors on all matters pertaining to legal, tax, investment or accounting obligations and requirements.
Insurance products and plan administrative services provided through Principal Life Insurance Co. Securities offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker-dealers. Principal Life and Principal Securities are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options or products may not be available in all states or U.S. commonwealths.
Insurance and securities products are not insured by the Federal Deposit Insurance Corporation (FDIC), are not obligations or deposits of Principal Bank® nor guaranteed by Principal Bank® and involve risk of loss.
Principal, Principal and symbol design, and Principal Financial Group are trademarks and service marks of Principal Financial Services, Inc., a member of the Principal Financial Group.