Can I Roll Over Funds Into My RIC Account?

Can I Roll Over Funds Into My RIC Account?

August 2018 

If you have assets in an outside retirement account (such as traditional or rollover IRA, 403b, TSA, or 401k), you may be able to combine those funds by making a non-taxable transfer, also known as a rollover, into your Retirement Investors’ Club (RIC) account. 

It is important to check the terms of your outside retirement account for possible surrender fees or restrictions. When you roll money into RIC, you have the option to take distributions or roll the money out at any time without product restrictions or penalties.
 
As an investor, it is your responsibility to shop and compare retirement investment options best suited for your savings goals and future income needs. Participants interested in rolling assets into RIC can contact their RIC provider representative for help. For detailed information on the Retirement Investors’ Club, visit https://das.iowa.gov/RIC

Not enrolled in RIC yet? Click here to get started.