Rollover IRA

Simplify your planning for retirement savings

Having multiple retirement accounts generally means you’ve done a great job of saving. But it could also mean multiple statements and varying terms and conditions.

Rolling to a Principal IRA — or individual retirement account — can help you get a simpler view of your savings. Plus, your IRA comes with the services and features of our Principal RolloverPlusSM program.

A rollover IRA and more

With Principal RolloverPlusSM you get more than just an IRA. It’s a way for you to make sense of retirement planning and get help when you need it.

Here are a few of the program’s features:

  • Personal consultation. A personal financial consultation with a financial professional to get things started.
  • Account set-up. A seamless process to get your account up and running.
  • Action plan. A customized plan with specific steps you can take toward your retirement goals.
  • Annual check-ins. Access to experienced professionals who can help keep you on track.​1
  • Ongoing insights. Tips and information on timely financial topics, sent right to you.
  • Dedicated counselor. A dedicated financial professional provides ongoing, 1-on-1 support for rollover accounts of $100,000 or more.1

Ready to get rolling? Call us at 800-247-8000 ext. 2251. 

Rollover to an IRA*

Rolling over – or moving – your savings from a workplace retirement plan like an old 401(k) into an individual retirement account with Principal allows you to:

  • Continue savings for retirement
  • Invest in a broad range of investment products
  • Enjoy the potential of tax-deferred growth
  • Combine multiple accounts to simplify monitoring and management

A great way to save and invest

With an IRA, you can achieve greater control and flexibility of your retirement savings. An IRA might be a good fit for you if you’re:

  • Changing jobs
  • Preparing to retire soon
  • Enjoying retirement and needing to turn savings into income
  • Transitioning to self-employment
  • Looking to simplify tracking and management of your savings

Additional options

There are several options for your retirement savings and each has pros and cons to consider. Learn more about your retirement savings options (PDF).

Get started with Principal RolloverPlusSM

With Principal RolloverPlusSM, you get ongoing support1.

Open your IRA by phone

Call 800-247-8000 ext. 2251

Help to simplify your retirement planning

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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. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker-dealers. Principal Life, Principal Funds Distributor, Inc. 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.