Consolidate your retirement
accounts

Do you still have a retirement plan account balance from a past employer? If so, it may require more work to keep track of how you’re doing. Take advantage of the simplicity of one by considering the advantages of rolling your retirement accounts from previous employers to your IBEW Local 43 & Electrical Contractors Annuity Fund.

Simplify account management
Instead of dealing with multiple statements, websites and service centers, simplify with:

  • One statement to reduce clutter.
  • One website username and password to remember.
  • One Customer Care Center to call.

Get a clear retirement forecast
The retirement income projection tool, available on the Empower Retirement website, allows you to quickly view your projected monthly income at retirement and see if your future is on track.

We’ll make it easy
If a rollover makes sense for you, we’re here to help. Our dedicated retirement consultants will help guide you through every step of the process and answer any questions you may have. Our white glove experience is designed to save you time and help ensure a seamless transfer of your retirement savings.

All you need to do is make one phone call to Empower at 800-743-5274. When you call, you’ll be asked to verify some personal information. In addition, you’ll be asked to provide information about any retirement plan account(s) from your past employer(s), including the account number(s). One of our Empower retirement consultants will complete the paperwork needed to initiate the rollover and complete the transfer of your old account balance(s) into your IBEW Local 43 & Electrical Contractors Annuity Fund account. It’s that simple!

You also have other options available to you. You may be able to keep your money in your previous employer’s plan, move your money to your new employer’s plan or take a taxable distribution (keeping in mind that you may be subject to substantial tax and possible early withdrawal penalties).

Consider all your options and their features and fees before moving money between accounts.

Call Empower for assistance
Empower retirement consultants are available to assist you with your rollover request weekdays from 8 a.m. to 8 p.m. Eastern time at 800-743-5274.


© 2024 IBEW Local 43 | Site Disclaimer & Privacy Policy