Welcome to your new Automatic Rollover IRA with Ascensus Trust
The assets you had in your former employer’s retirement plan have rolled over into an Individual Retirement Account (IRA) with Ascensus Trust. Your account is in good hands, you still have tax-advantaged status, and we’re ready to serve your financial needs.
You have options
You can decide what you’d like to do with your retirement savings. Here are some choices:
Keep your retirement assets in your IRA with Ascensus Trust and continue working toward a comfortable retirement with investments that suit your savings style.
Rollover your assets to your current employers qualified plan, if the plan allows, to consolidate your retirement savings.
Transfer to another IRA provider of your choice.
Withdraw your money to cover current financial needs. Please note that if you take a distribution, you may incur taxes and penalties. It makes sense to talk to a financial or tax advisor first.
Get started managing your Automatic Rollover IRA with Ascensus Trust
Just follow these simple steps:
Visit the participant website: https://secure.ascensus.com/login/participant from your desktop or mobile browser.
When visiting for the first time to set up your retirement account, enter the default first-time login information.
Username: Your Social Security number in 999009999 format (no dashes)
Password: Your birthday in MMDDYYYY format (e.g., 06041982 for June 4, 1982)
Once logged in, you’ll be guided through some steps to keep your online account secure.
We’re pleased to be taking care of your retirement account. Our Service Team is here to support you and help you make the most of your savings.
Have additional questions? We have you covered.
I want to learn more about my IRA.
Your assets could have been moved for a couple different reasons. If you left your former employer or your former employer shut down their retirement plan, the assets from your retirement plan would have been rolled over to an IRA. You would have received a Welcome Packet for each IRA opened for you. Any pre-tax contributions made to your former retirement plan would have been rolled into a Traditional IRA. If you made any after-tax (Roth) contributions, those assets would have been rolled into a Roth IRA.
The initial rollover from your former employer's retirement plan has been deposited in the Lincoln Stable Value Separate Account – ATC FO fund. You can leave it there, or you can move your balance into any of the other 20+ mutual funds available in the IRA. For fund information visit https://secure.ascensus.com/login/participant
Yes. You can roll over other retirement assets into your IRA, plus you can make regular contributions up to the IRS annual limit. Please contact a member of the IRA Service Team for instructions on how to contribute to your IRA.
You can view your account balance any time by visiting https://secure.ascensus.com/login/participant.
Certain information, such as beneficiary designations and statement delivery preference, can be updated at https://secure.ascensus.com/login/participant. To change your mailing address, contact a member of the IRA Service Team.
You can find information about your IRA in the Custodial Account Agreement and Disclosure Statement below.
Roth IRA Custodial Account Agreement and Disclosure Statement
Traditional IRA Custodial Account Agreement and Disclosure Statement
I want to close my IRA.
Yes. You can transfer your IRA to a different financial institution, or you can roll over the assets to a new employer retirement account such as a 401(k). Transfers and/or rollovers can be initiated online by visiting https://secure.ascensus.com/login/participant.
Transfers between IRAs are not reported to the IRS, which means they are not taxable. Rollovers are reported to the IRS but are not taxable.
Yes, you can take a distribution at any time from your IRA. A distribution can be initiated online by visiting https://secure.ascensus.com/login/participant. Your distribution may be subject to federal and state income tax, as well as an additional 10% IRS early withdrawal penalty, if you are under the age of 59 ½.
Can’t find the answer to your question or need additional assistance?
Visit https://secure.ascensus.com/login/participant 24/7, or you may contact the IRA Service Team at 866-794-2950, Monday – Friday, 9 AM – 7 PM ET.
Ascensus Trust's Auto-IRA Rollover Program rolls account balances from retirement plans into individual retirement arrangements (IRAs) as part of a plan's auto-rollover process.
The underlying investment for these IRAs is the Lincoln Stable Value Separate Account- ATC FO. The fund fact sheet for the Lincoln Stable Value Separate Account- ATC FO is available here.
Investment options in IRAs are not guaranteed and may lose value. Past performance does not guarantee future results. Fund availability may change. Current information is provided on the participant website. The IRA is governed by the Custodial Account Agreement and Disclosure statement, which control in the event of any inconsistencies.
This material is for informational purposes only and is not tax, legal, or investment advice. Consult a qualified professional regarding your situation.