If you have a retirement account that you'd like to roll into your 403(b) account, log on to Principal.com.  Select the Rollovers Section and choose from the options to either "Explore Rollover Options" or "Start Your Rollover." 


Rollover/Distribution out of the 403(b) retirement account:

Exited employees can request a rollover out of a 403(b) account into another employer-sponsored retirement account:

  • Once your termination has been processed, you'll receive an email from Principal with roll-over options. 

Current employees can make withdrawals from the retirement account under the following circumstances:

1) If you are still employed by our company but have reached "retirement age" which currently starts at 59 1/2

    • Withdrawals can be made payable to the employee and tax forms will be distributed to the employee by Principal at year-end to report those distributions when filing their taxes(See Withdrawal (Age 59 1/2 or Higher)
    • Rollovers into another retirement or investment account of the employee can also be made. (See Withdrawal (Age 59 1/2 or Higher)

2) If the employee is NOT of retirement age and is currently still  employed by our company, two types of *withdrawals are allowed (*Note: additional IRS and plan rules apply): Loans and Hardship Withdrawal