Opening a Rollover IRA with State Farm Mutual Funds®

You should discuss your situation with your tax advisor before purchasing an IRA. Contact a registered State Farm® agent to discuss your IRA options.


Note: A State Farm IRA must be established prior to State Farm receiving the funds. If you already have a State Farm IRA, consider consolidating other assets into your existing IRA.

After Completing Your Application Contact Your Current Custodian

  1. Let them know you want to roll over your assets to a State Farm IRA and verify the account is eligible for rollover. In addition, determine if there are any applicable fees with the rollover.

  2. Ask if they will process the rollover request by phone, if so request the rollover now and have the current custodian make out check as discussed in step 4 below. If not, ask for the specific custodian forms and if a Signature Guarantee is needed. Confirm when your current custodian will distribute the funds (varies according to each plan's requirements) and inquire if any deadlines apply to submitting paperwork. Also, be sure to ask the current custodian for a correct address to send their paperwork back to and a contact name and phone number for follow-up questions.

  3. When completing rollover distribution paperwork, please make sure to complete in its entirety including any spousal signature or plan administrator signature. You may submit rollover paperwork directly to the current custodian -- see step 4 below. If a letter of acceptance or State Farm authorized signer is required, please include the rollover paperwork with the new IRA application for State Farm to forward to current custodian.

  4. If you are submitting paperwork to the current custodian, ask them to write your State Farm IRA account number, or if not yet established, your social security number on your distribution check and


Make it payable to:
State Farm Mutual Funds, FBO:

Mail:
PO Box 219548
Kansas City , MO 64121-9548

Reference:
Account Number and Social Security Number

To open a new IRA with the assets you are rolling over, you will need to complete the appropriate application indicating the information about the rollover. Your State Farm® agent will be happy to assist you with determining the funding options that are right for you and completing the appropriate paperwork. Your Registered State Farm agent can provide the guidance and support that you need over time to help you pursue your personal financial goals. It is important to note that there is market risk involved when investing in mutual funds, including possible loss of principal.

State Farm VP Management Corp Risk/Important Disclosures. State Farm Mutual Funds Prospectus. The State Farm College Savings Plan Enrollment Handbook (PDF 553 KB) .


Need Assistance? 1-800-447-4930

AP2009/03/2371

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