WebCP9593-01 Page 5 of 40 11/2013 IRA with The Principal® Principal Life Insurance Company Mailing Address: PO Box 9394, Des Moines, IA 50306-9394 WebAn automatic rollover is a distribution of an account for terminated employees who have a balance of $5,000 or less. Please note that the employer can set the threshold to less than $5,000 in their plan document, but it cannot be more than $5,000. It is important to note that this automatic distribution does not occur unless the former employee ...
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