News & Announcements - IRA rollover pricing policy | American Funds

News & Announcements

IRA rollover pricing policy

April 28, 2015

Your clients may benefit from our IRA rollover pricing policy. Participants may roll over plan assets to an American Funds IRA at net asset value using Class A shares when their retirement plan is serviced by an eligible American Funds recordkeeping solution such as PlanPremier®-TPA or RecordkeeperDirect®-American Funds and RecordkeeperDirect-Multifund, provided the assets are rolled over into an American Funds IRA held at Capital Bank and Trust Company℠ (CB&T).

All future contributions to rollover IRAs established under this policy will be subject to the applicable sales charge if invested in Class A shares.

RecordkeeperDirect-Multifund investments are offered through a group fixed and variable deferred annuity (“group annuity”) issued by Great-West Life & Annuity Insurance Company, Corporate Headquarters: Greenwood Village, CO; or, in New York, by Great-West Life & Annuity Insurance Company of New York, Home Office: White Plains, NY.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

For financial professionals only. Not for use with the public. Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. For an investment offered through a group annuity, some of this information may differ and can be obtained from a financial professional.