IRA Transfers

Prior to rolling over assets from an employer-sponsored retirement plan into an IRA, it's important that customers understand their options and do a full comparison on the differences in the guarantees and protections offered by each respective type of account as well as the differences in liquidity/loans, types of investments, fees, and any potential penalties.

Step One: Open an IRA

Step Two: Contact the Current Custodian

  • Verify the account is eligible for transfer and find out if there are any applicable fees.
  • Ask if you need to cash-out any assets before requesting a transfer.
  • Ask if a signature guarantee is needed.
  • Ask the current custodian for a correct address, a contact name, and phone number for follow-up questions and paperwork.

If you have any questions regarding your transfer to State Farm Mutual Funds, simply call 800-447-4930.

Risk Disclosures

Investing involves risk, including potential for loss.


Not FDIC Insured

  • No Bank Guarantee
  • May Lose Value