Congratulations on Activating Your IRA

Your application is being processed. Please watch your inbox for a confirmation email.

What should you do next?

Make the most of the savings you started in your former employer's plan and:

  • Stay Focused on Your Retirement Goal: Any gains are still tax-deferred and you can make additional contributions for retirement too. Know the rules* before you do.

  • Get the Full Picture about Your Retirement: Transfer money from other former employers' plans into your account to manage retirement easier and know if you're on track. We can make it easy to do. A Rollover Specialist will help with the paperwork and the process from start to finish.

When should you start?

Get started as soon as you receive the email confirmation. If you have questions, please don't hesitate to call us at 1-800-345-2021.

* Adding to your rollover IRA will make it ineligible to move to another employer-sponsored retirement plan in the future. IRAs have annual contributions limits; the recent rollover money is NOT included in those limits.

IRA investment earnings are not taxed. Depending on the type of IRA and certain other factors, these earnings, as well as the original contributions, may be taxed at your ordinary income tax rate upon withdrawal. A 10% penalty may be imposed for early withdrawal before age 59½.

You could lose money by investing in a mutual fund, even if through your employer's plan or an IRA. An investment in a mutual fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

This information is for educational purposes only and is not intended as a personalized recommendation or fiduciary advice. There are different options available for your retirement plan investments. You should consider all options before making a decision. Our representatives can help you evaluate all of your distribution options.