Transferring Funds
Any changes to investment elections or transfers among investment options can be made either by logging on to the participant’s account through the Program’s website or by calling 800.348.2272.
No. Participants can only perform these transactions online or by telephone.
Yes, by opening a Self-Directed Brokerage Account (SDBA) and transferring funds from the existing investments to the SDBA. Note that certain restrictions apply since the SDBA is part of a qualified retirement plan. Participants are required to maintain at least $2,500 in the core investment options.
Transferring Funds
How to transfer existing fund balances
Participants can transfer existing fund balances among any of the investment options on a daily basis except as previously noted. Note: Transfers may be subject to restrictions set forth in the trust and Program Disclosure Document. Transfers are based on the net asset value of each fund.
Participants can transfer funds by accessing the website at www.abaretirement.com, or by calling the Customer Service Center at 800.348.2272.
A transfer of funds does not affect the way in which future contributions are invested. See the Changing Investment Elections page for information on changing future contributions.
Transferring funds using the website
- Participant accesses our website at www.abaretirement.com and proceeds to Participant Login.
- Participant enters his/her Social Security number (or, if applicable, the Username he or she has created) and password (see the link “Forgot Your Password?” for instructions on obtaining a password reminder or resetting the password).
- Participant selects the plan for which the transaction is being processed.
- Participant goes to the “Manage Investments” tab to change investment elections for future contributions, reallocate current balances or perform a fund transfer.
- The Program processes the participant’s request and issues a confirmation notice.
Changing investment elections over the phone
- Participant calls the Customer Service Center at 800.348.2272 and follows the directions to complete the transaction.
- The Program processes the participant’s request and issues a confirmation notice.
Transfers from the Plan to an SDBA
See the Opening an SDBA page for information about transfers from the core investment options to an SDBA. Please note that Roth 401(k) contributions cannot be transferred to SDBA unless a separate SDBA has been opened solely for Roth 401(k) contributions and earnings.