Transfer Funds

How to Change Contributions in the Employees' Retirement Plan

The Employees' Retirement Plan  is paid for entirely by Duke. You do not have to contribute to the plan.

You may transfer your vested account balance between any of the investment carriers offered in the 403(b) retirement plan. Non-vested account balances may only be transferred from the default investment carrier to another carrier within the first 30 days of the date of the first Duke contribution. Once account balances become vested then you may transfer to any of the investment carriers offered in the 403(b) retirement plan.

The value of your account at the time of transfer is based on current market value and is subject to any gains or losses.

How to Transfer Funds Between Retirement Plan Providers

You may transfer your vested account balances between investment carriers in your 403(b) retirement plan by contacting the investment carriers receiving the funds directly. For example, if you are transferring from Fidelity to VALIC, contact VALIC. They will send you appropriate paperwork and instructions. See a complete listing of all the investment funds offered to Duke employees. View investment carrier's contact information.