AUL Rollover Center - Changing Employers or Retiring

Changing Employers or Retiring

It’s easy to move retirement plan proceeds from an AUL employer plan to an individual retirement account (IRA) with AUL. Our retirement professionals are available to assist you with the rollover process. Call us at 1-800-348-6229, option #1.

For additional information on distribution choices, including benefits and limitations on each option, click here to access AUL's rollover guide.

For All Rollovers

It's important to realize that federal regulations governing rollovers may limit the ability to roll assets from one plan to another. Consult the table below to find out whether the rollover you're considering is permitted.

Rollover Eligibility

Are rollovers permitted?To 401(k)To 403(b)To Governmental 457(b)
From 401(k)YesYesYes1
From 403(b)YesYesYes1
From Governmental 457(b)Yes2Yes2Yes
From Regular IRAYesYesYes1
From SIMPLE-IRAYes3Yes3Yes3
 1.

Rollover funds must be accounted for separately to apply early distribution rules to non-457 funds.

 2.

Governmental 457(b) plan contributions are not subject to an early distribution penalty; however if these contributions are rolled over to a 401(k), 403(b) or IRA, the premature distribution penalty will apply to them. Consult your tax advisor before rolling 457 assets into a 401(k), 403(b) or IRA.

 3.

In order for your SIMPLE IRA to be eligible for rollover, you must have been participating in your employer's SIMPLE salary reduction arrangement for more than two years.