A Guide to Empower Retirement Rollover Forms

Empower your financial future by understanding the intricacies of the Empower Retirement Rollover Forms. This comprehensive guide will walk you through the process, ensuring a seamless transition of your 401(k) to an IRA.

empower retirement rollover forms
empower retirement rollover forms

Step-by-Step Instructions for Empower Retirement Rollover Forms:

  • Go to Empower Retirement‘s official website.
  • Locate the Rollover Form available in PDF.
  • Use pdf filler to fill out the form online.
  • Refer to Empower’s guide for step-by-step instructions.
  • Check IRS guidelines or consult your advisor.
  • Seek additional help online or from customer service.
  • Follow each step to submit the rollover form.
  • Wait for confirmation from Empower.
  • Review your new account and investment details.
  • Consult a financial advisor for uncertainties.
  • Keep a copy of the form and correspondence.
  • Share your experience for continuous improvement.

How do I know if I am eligible for a rollover?:

  • Refer to IRS guidelines on rollovers to determine eligibility.
  • An “eligible rollover distribution” is a lump-sum or installment payment to a participant, spouse beneficiary, or designated non-spouse beneficiary over less than ten years.
  • For uncertainties, consult your financial advisor or plan administrator.

4. How to Roll Over an Empower 401(k) to an IRA:

Follow these steps for a successful rollover an Empower 401(k) to an IRA:

  • Choose an IRA Provider:
    • Select an existing provider or compare top IRA providers.
    • Open a new account for a seamless transition.
  • Submit Your Information:
    • Verify your identity and authorize the transfer with Empower.
  • Initiate Rollover with Empower:
    • Contact Empower to express your intent for the rollover.
  • Receive and Deposit the Check:
    • Upon initiation, receive a check from Empower and deposit it into your new IRA account.
  • Ensure Proper Fund Investment:
    • After depositing funds, confirm they align with your investment preferences.
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