www.principal.com Open in urlscan Pro
2620:12a:8000::2 Public Scan

Back to summary

Submitted URL:
https://click.e.principal.com/?qs=858b9b2bb92eedf683b144a6a0d142592e4ada42a5190ea8c41ca2c6a034d73fa437b2aa19196ab28f750113412b...
Effective URL:
https://www.principal.com/youroptions?pfg_sfmc=PRAFYLowE5&utm_source=SFMC&utm_medium=email&utm_campaign=RIS_IS_IND_M_AL_PR...
Submission: On September 23 via api (September 23rd 2024, 5:06:09 pm UTC) from US — Scanned from DE

Form analysis
0 forms found in the DOM

Text Content

Skip to main content
* Individuals
* Businesses
* Asset Management

* About us
* Careers
* Contact us
* Find a dentist

YOUR OPTIONS

Need help? We’re just a phone call away.

1. A financial professional will walk you through your options.
2. You’ll learn the pros and cons of each.
3. When you know what you want to do, we’ll help you get started.

Call 800-247-8000, ext. 1017 to talk through your options with a financial
professional.

A JOB CHANGE FOR YOU MEANS NEW OPTIONS FOR YOUR RETIREMENT ACCOUNT.

Since you've changed jobs, your account options have changed, too. Your money is
still invested, but you can't continue to contribute to your savings. We're here
to help you understand your options so you can make the choice that's right for
you.

YOU HAVE 4 OPTIONS FOR YOUR ACCOUNT.

*
Keep your money where it is
*
Roll your money to an IRA
*
Move your money to a new employer's plan
*
Cash out your account

Leave your savings in the account with your old employer’s plan.

This could be a good fit for you if...

* You want to keep your savings invested, with the same tax advantages.
* You're happy with your current account and don’t mind leaving it with your
old employer.
* You like your current investment options.
* You use the online planning tools and resources you have access to today.

But keep in mind…

* You can't add more money to the account (since it's tied to your old job) or
borrow money from it.
* You’re limited to the investments your old employer chooses for the plan, and
they can change the investments or other plan features (you'll be notified
first).

To keep your money where it is...

Please inform us of your choice, even if it is to stay in the plan. Your money
will stay in the account, and you can choose a different option later if your
needs change. Log in to let us know or give us a call at 800-247-8000, ext.
1017.

Move your savings to an individual retirement account (IRA). Not familiar with
IRAs? Here’s a refresher.

This could be a good fit for you if...

* You want to keep your savings invested, with the same tax advantages.
* You want more investment options—and you’d like a professional to help you
pick a mix of investments for you.
* You want to be able to save for retirement in 1 spot that stays with you,
even if you end up working somewhere without a retirement plan.
* You want the greater flexibility and control of an account you own
individually.

But keep in mind…

* You can’t borrow money from an IRA (although you might be able to withdraw
contributions for certain expenses).
* You generally need to be at least age 59½ to withdraw your money
penalty-free, compared to age 55 for most employer plans (if you leave your
employer).

Or call us at 800-247-8000, ext. 1017

What happens in an IRA rollover?

Great question! It depends on what you want to do.

* If you roll to a Principal IRA, we’ll open your account over the phone or
online and move your money automatically. Why choose a Principal IRA?
* If you roll to an IRA somewhere else, you’ll work with that firm to open an
account and we’ll send you a check to deposit into it.

Move your savings to your current employer’s plan (if one’s available).

This could be a good fit for you if...

* You want to keep your savings invested, with the same tax advantages.
* You like the convenience of saving for retirement directly out of your
paycheck.
* You’d rather pick from a set list of investment options and you like the ones
your employer’s plan offers.
* You might want to borrow money from your account someday.

But keep in mind…

* If you want to roll outside savings into your account, you’ll need to check
with your employer first; not all plans allow it.
* Not all plans allow loans; check with your employer.
* If you change jobs in the future, you’ll have to decide what to do with your
account (just like now).

You can take some or all of your savings as cash.

This could be a good fit for you if...

* You need cash now.

But keep in mind…

* You'll pay taxes on the amount you withdraw, right away.
* If you're under age 59 1/2, you may also pay a 10% penalty.
* The extra cash could bump you to a higher tax bracket.
* You might not have enough savings when you retire.

Explore cashing out
Keep your money where it is

Leave your savings in the account with your old employer’s plan.

This could be a good fit for you if...

But keep in mind…

To keep your money where it is...

Roll your money to an IRA

Move your savings to an individual retirement account (IRA). Not familiar with
IRAs? Here’s a refresher.

This could be a good fit for you if...

But keep in mind…

Or call us at 800-247-8000, ext. 1017

What happens in an IRA rollover?

Great question! It depends on what you want to do.

Move your money to a new employer's plan

Move your savings to your current employer’s plan (if one’s available).

This could be a good fit for you if...

But keep in mind…

You can take some or all of your savings as cash.

This could be a good fit for you if...

* You need cash now.

But keep in mind…

Explore cashing out

To learn more about your options, download our printable PDF

Reach out

LET PRINCIPAL HELP YOU PLAN FOR YOUR FUTURE.

GIVE US A CALL
800-247-8000
EXT. 1017

> Our goal is to explain your options in a way that's easy to understand and
> relate to your situation—so you feel confident you're making the right
> decision.

Jenny Borcherding, Senior Financial Counselor, Principal Financial Group

WHY WORK WITH PRINCIPAL?

One of the World's Most Ethical Companies.1 A member of the FORTUNE 500®. A
global company with over $600 billion in assets under management, serving 62
million customers throughout Asia, Australia, Europe, Latin America, and North
America.2

See what Principal can offer you

Video Player is loading.
Play Video
PlaySkip BackwardSkip Forward
Mute

Current Time 0:00
/
Duration 1:57
Loaded: 0.00%

0:00
Stream Type LIVE
Seek to live, currently behind liveLIVE
Remaining Time -1:57
1x
Playback Rate

Chapters
* Chapters

Descriptions
* descriptions off, selected

Captions
* captions settings, opens captions settings dialog
* captions off, selected
* English

Audio Track
* en (Main), selected

Quality Levels
* 1080p1080pHD
* 720p720pHD
* 540p540p
* 360p360p
* 270p270p
* AutoA, selected

Picture-in-PictureFullscreen

This is a modal window.

Beginning of dialog window. Escape will cancel and close the window.

TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText
BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption
Area
BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaque
Font Size50%75%100%125%150%175%200%300%400%Text Edge
StyleNoneRaisedDepressedUniformDrop shadowFont FamilyProportional
Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall
Caps
ResetDone
Close Modal Dialog

End of dialog window.

Close Modal Dialog

This is a modal window. This modal can be closed by pressing the Escape key or
activating the close button.

Video duration is 1 minutes and 57 seconds long.

1:57

Principal

View video transcript

--------------------------------------------------------------------------------

1 Ethisphere Institute, February 2023. This is the 12th time Principal has been
recognized by Ethisphere.

2 Data for the trailing twelve months ended December 31, 2022, unless otherwise
noted.

Investment and Insurance products are:

* Not Insured by the FDIC or Any Federal Government Agency
* Not a Deposit or Other Obligation of, or Guaranteed by, Principal Bank or Any
Bank Affiliate
* Subject to Investment Risks, Including Possible Loss of the Principal Amount
Invested

This information is intended to be educational in nature and is not intended to
be taken as a recommendation.

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 your tax advisor or legal counsel.

Financial professionals provide education with respect to the options you have
with your retirement plan assets, and are able to sell Principal® products. They
do not represent, offer, or compare products and services of other financial
services organizations.

Insurance products and plan administrative services provided through Principal
Life Insurance Company®. Securities offered through Principal Securities,
Inc., member SIPC and/or independent broker/dealers. Referenced companies are
members of Principal Financial Group®, Des Moines, IA 50392.

--------------------------------------------------------------------------------

About us Investor relations News room Sustainability Insights Corporate careers
Financial professional opportunities Internships Recent graduates For dental
providers For financial professionals Principal Asset Management

COOKIES ACCEPTANCE

By clicking “Accept all”, you agree to storing cookies on your device to enhance
site navigation, analyze site usage, and assist in our marketing efforts. More
information can be found by clicking "Manage cookies".

View our Global Privacy Statement

Manage cookies Accept all

PRIVACY PREFERENCE CENTER

When you visit any website, it may store or retrieve information on your
browser, mostly in the form of cookies. These “cookies” of information might be
about you, your preferences, or your device, and they’re mostly used to make the
site work as you expect it to. Cookies don’t usually directly identify you, but
they can give you a more personalized web experience. Because we respect your
right to privacy, you can choose not to allow some types of cookies. Click on
the category headings to read more or change your default settings. (Note:
Blocking some types of cookies may impact your experience on our site, as well
as the services we can offer you.)
More information
Accept all

MANAGE CONSENT PREFERENCES

STRICTLY NECESSARY COOKIES

Always active

These cookies are necessary for our website to function and can’t be switched
off in our systems. They’re set for you behind the scenes when you do things
such as log in, fill out forms, make a request for services, or set your privacy
preferences. You can set your browser to block or alert you about these cookies,
but some parts of our site won’t work without them.

Cookies Details‎

PERFORMANCE COOKIES

Performance Cookies

These cookies allow us to count how many times people visit our website, and how
they get here, so we can measure and improve its performance. They show us which
pages are the most (and least) popular, and how visitors move around on the site
when they’re here. If you don’t allow performance cookies, we have less
information about how to improve our sites that will be useful to you.

Cookies Details‎

FUNCTIONAL COOKIES

Functional Cookies

These cookies enable our website to work smoothly and in a manner personalized
to you. They may be set by us or by third-party providers whose services we’ve
added to our pages. For example; downloading a customer service form using PDF.
If these cookies are blocked, then some or all of these services may not
function.

Cookies Details‎

MARKETING COOKIES

Marketing Cookies

These cookies may be set through our site by our advertising partners. They may
be used by those companies to build a profile of your interests and show you
relevant advertisements on other sites. If these cookies are blocked, you will
experience less targeted advertising.

Cookies Details‎

SOCIAL MEDIA COOKIES

Social Media Cookies

These cookies are set by a range of social media services that we have added to
the site to enable you to share our content with your friends and networks. They
are capable of tracking your browser across other sites and building up a
profile of your interests. This may impact the content and messages you see on
other websites you visit. If you do not allow these cookies you may not be
able to use or see these sharing tools.

Cookies Details‎
Back Button

BACK

Search Icon
Filter Icon

Clear
checkbox label label
Apply Cancel
Consent Leg.Interest
checkbox label label
checkbox label label
checkbox label label

View Cookies

* Name
cookie name

Confirm my choices

www.principal.com Open in urlscan Pro 2620:12a:8000::2 Public Scan

Form analysis 0 forms found in the DOM

Text Content

www.principal.com Open in urlscan Pro
2620:12a:8000::2 Public Scan

Form analysis
0 forms found in the DOM