401K & 403(B) IRA
ROLLOVER EXPERTISE
OUR SPECIALTY. YOUR FUTURE
We have worked for years coordinating 401k’s from old employers as well as 403(b) plans from public education organizations, non profit as well as hospital service organizations into IRA Rollovers for our investors. Transferring all your old 401k’s or 403(b) accounts from multiple employers simplifies your life.
THE SET-UP PROCESS
There are a few steps to the process. First open up a new IRA account with exceptional portfolio. Once the account is open you will be given an account number. You will need to contact the HR department of your old employer. They may provide you with a form to be completed. That form will ask what custodian you have opened an IRA with and you will need to provide them with your new IRA account number.
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​Once you complete the form with your old employer they will reach out to the 401k/403(b) provider and the account transfer process begins. In the event your old 401k/403(b) administrator mails the check directly to you, you must immediately deposit it into you’re your new IRA account. We stand ready to assist you through the process.
1. The first step you’ll want to take is to set up a new IRA Rollover with Exceptional Portfolio. Once your account is open, you’ll receive an account number, which will be used to fill out some important forms.
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2. You’ll need to reach out to your previous employer’s human resources department to find out how to transfer the funds from your 401k and/or 403(b). Depending on their HR systems, this step may be done online or with paperwork.
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​3. Complete these forms and make sure to put your new Exceptional Portfolio IRA account number from your sign-up in the section labeled “IRA Custodian Account.” Once this step is complete, the transfer should begin. The whole process shouldn’t last more than seven to ten business days. In some cases, your previous employer will mail you a check, which you can then deposit in your new IRA account immediately upon receipt.
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​4. Once the funds are deposited they will be invested into the portfolio you have selected.