Automatic Rollover IRAs / Missing Participants | Qualified Retirement Plans

Automatic Rollover IRAs / Missing Participants

 

About Automatic Rollover IRAs

Employers who sponsor a retirement plan for their employees may find themselves in a position where a terminated employee cannot be located. Without the participant's election, the employee funds cannot be distributed unless the funds are transferred to an Automatic Rollover IRA.

 

Missing Participants

Missing participants are individuals that had an account in an employer sponsored retirement plan and the employer does not have current contact information after the individual terminated employment. If that is your situation, then your account balance from the previous employer’s plan has been rolled into an Automatic Rollover IRA.

Forms

Please select the form you need to complete your transaction.

 

Employer Requirements

These are guidelines under which the plan sponsor can implement the automatic rollover.

 

FAQs

The FAQs were created to help answer your most pressing questions.

 

Participant Resources

If your employment recently ended, click below for more information on your retirement account.