Life Events

Major life changes like the ones shown below may require you to make updates to your Wells Fargo Advantage Funds® accounts. Get detailed instructions and some other tips that can help ensure each change goes smoothly.

Marriage

Congratulations! Now that the excitement of your wedding and honeymoon has died down, you can finally take a breather. Right? Not so fast. There are a couple of updates you'll want to make to your accounts to make sure everything continues to go smoothly.

Update Your Name on an Account/Add an Account Owner

Forms you'll need:

Request for Name Change Form, Request for Change of Registration Form

How to update your account:

If you're just changing your name, complete the Request for Name Change Form with your current account registration and sign it with your maiden and married names. Both of your signatures must be medallion guaranteed. Another option is to send us a certified copy of your marriage certificate if you can't obtain the medallion guarantee.

If you're adding an owner, complete both the Request for Name Change Form (as outlined above) and the Request for Change of Registration Form. The current account owner will need to have his or her signature medallion guaranteed on the Change of Registration form.

Once you've completed these forms, mail them to Wells Fargo Advantage Funds® at the address below to complete the process.

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Update Beneficiaries

Forms you'll need:

Designation of Beneficiary Form

How to update your account:

Complete the Designation of Beneficiary Form or send us a letter of instruction with the information requested on the form.

Don't forget to review the beneficiaries on all of your accounts, including IRAs, 401(k)s, and life insurance policies.

Change Your Address

How to update your account:

You can change your address online, over the phone, or in writing. Please note that there are certain restrictions on redemptions for 15 days after your address has been changed.

Online: Log on to Online Account Access, and click on the Account Services tab. (If you haven't registered, click here.)

Over the phone: Call us at 1-800-359-3379.

In writing: Send us a letter of instruction with your account numbers, new address, and the signatures of all account owners.

Change Your Bank Information

Forms you'll need:

Shareholder Account Options Form

How to update your account:

Complete the Shareholder Account Options Form and attach a voided check or deposit slip from your new bank account. If the names on the bank account match the names on your account, simply sign the form and send it back to us. Otherwise, if the names do not match, we will need your signature medallion guaranteed.

Keep in Mind...

While you're making these changes to your account, here are some other items you may want to review:
  • Review your life insurance policies, as well as your health insurance
  • Create a will
  • Update your tax withholding

More Information

Changing Jobs

You've sent out dozens of resumes, sweated through interviews, handed in your resignation, and started a new job. All done? Not quite yet. Make sure you don't leave your retirement investments behind. Take a few minutes to roll those assets into a Wells Fargo Advantage Funds® IRA.

Roll Over Your Retirement Plan Assets into an IRA

Forms you'll need:

IRA Transfer Form, IRA Application

How to update your account:

A "Direct" Rollover: A "direct" rollover occurs when your assets are transferred from your former employer's plan directly to a Wells Fargo Advantage Funds IRA.

Contact your former employer to see what procedures you should follow to roll over your assets. Complete their paperwork (if necessary), along with our IRA Transfer Form and an IRA Application (if you're opening a new account). Send all of this to Wells Fargo Advantage Funds – we'll sign any necessary forms and forward them to your former employer.

If your employer sends you a check, make sure it is made payable to Wells Fargo Advantage Funds (e.g., Wells Fargo Advantage Funds FBO John Smith). Forward the check to us and reference your account number or Social Security number. You should not endorse this check.

An "Indirect" Rollover: An "indirect" rollover occurs when you take a distribution from an IRA or retirement plan and the check is made payable to you. That amount must be deposited 60 days from the date the distribution is received, otherwise you may be subject to taxes and penalties. Indirect rollovers can only occur once every 365 days.

In an indirect rollover, your distribution may be subject to tax withholding of 20%. This is essentially a pre-payment of taxes. When you send in a check to complete your indirect rollover, you may want to consider adding back in that 20% that was taken out so that the amount of the withholding is not treated as a distribution and penalized.

If you are opening a new account, you will need to complete an IRA Application and send that to us, along with a check for the full amount of the distribution.

To add to an existing account, send us a check for the full amount of the distribution and a note or Additional Investment Form explaining that this is a rollover.

Mail your completed forms to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Change Your Address

How to update your account:

You can change your address online, over the phone, or in writing. Please note that there are certain restrictions on redemptions for 15 days after your address has been changed.

Online: Log on to Online Account Access, and click on the Account Services tab. (If you haven't registered, click here.)

Over the phone: Call us at 1-800-359-3379.

In writing: Send us a letter of instruction with your account numbers, new address, and the signatures of all account owners.

Keep in Mind...

While you're thinking about retirement, make sure you're taking advantage of the 401(k) potential match and maximum with your new employer.

More Information

Moving

Once you've unpacked your boxes and had time to settle in, it's time to update everyone with your new address. If your move is the result of changing jobs, don't forget to roll over your retirement plan into a Wells Fargo Advantage Funds® IRA.

Change Your Address

How to update your account:

You can change your address online, over the phone, or in writing. Please note that there are certain restrictions on redemptions for 15 days after your address has been changed.

Online: Log on to Online Account Access, and click on the Account Services tab. (If you haven't registered, click here.)

Over the phone: Call us at 1-800-359-3379.

In writing: Send us a letter of instruction with your account numbers, new address, and the signatures of all account owners.

Change Your Bank Information

Forms you'll need:

Shareholder Account Options Form

How to update your account:

Complete the Shareholder Account Options Form and attach a voided check or deposit slip from your new bank account. If the names on the bank account match the names on your account, simply sign the form and send it back to us. Otherwise, if the names do not match, we will need your signature medallion guaranteed.

Roll Over Your Retirement Plan Assets into an IRA

Forms you'll need:

IRA Transfer Form, IRA Application

How to update your account:

A "Direct" Rollover: A "direct" rollover occurs when your assets are transferred from your former employer directly to a Wells Fargo Advantage Funds IRA.

Contact your former employer to see what procedures you should follow to roll over your assets. Complete their paperwork (if necessary), along with our IRA Transfer Form and an IRA Application (if you're opening a new account). Send all of this to Wells Fargo Advantage Funds – we'll sign any necessary forms and forward them to your former employer.

If your employer sends you a check, make sure it is made payable to Wells Fargo Advantage Funds (e.g., Wells Fargo Advantage Funds FBO John Smith). Forward the check to us and reference your account number or Social Security number. You should not endorse this check.

An "Indirect" Rollover: An "indirect" rollover occurs when you take a distribution from an IRA or retirement plan and the check is made payable to you. That amount must be deposited 60 days from the date the distribution is received, otherwise you may be subject to taxes and penalties. Indirect rollovers can only occur once every 365 days.

In an indirect rollover, your distribution may be subject to tax withholding of 20%. This is essentially a pre-payment of taxes. When you send in a check to complete your indirect rollover, you may want to consider adding back in that 20% that was taken out so that the amount of the withholding is not treated as a distribution and penalized.

If you are opening a new account, you will need to complete an IRA Application and send that to us, along with a check for the full amount of the distribution.

To add to an existing account, send us a check for the full amount of the distribution and a note or Additional Investment Form explaining that this is a rollover.

Mail your completed forms to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

New Child

Your child's world is wide open with endless possibilities and opportunities. Help make his dreams a reality by taking just a few steps today.

Open an EdVest 529 Account

Forms you'll need:

EdVest Account Application

How to open your account:

The minimum investment to open an EdVest account is $250; however, that amount is waived if you open the account with an Automatic Investment Plan (AIP) of just $15 each month. Learn more about the plan and the investment options available.

Online: Visit www.EdVest.com and click on the Getting Started tab. You can fund your account immediately with a transfer from your checking account, by establishing an AIP, or by sending in a check.

The application requires about ten minutes to complete. You'll need to enter information about the account owner, the beneficiary, and a successor account owner (if you choose to name one).

If you choose to fund the account with a transfer from your bank, or if you want to set up an AIP, you'll also need to enter your bank information. Once you've e-signed your application, the account will be opened.

In writing: Visit www.EdVest.com and click on the Getting Started tab. Click on the "Request more information" link.

Choose whether you would like the application mailed to you or downloaded. Once you have submitted your name and address, we will verify your order (if you chose to receive the application by mail) or provide you with a link to the application.

Complete the application and mail it with your initial investment to:

EdVest
c/o Wells Fargo
P.O. Box 3152
Milwaukee, WI 53201-3152

Open a Coverdell Education Savings Account

Forms you'll need:

Account Application

How to open your account:

The minimum investment to open a Coverdell Education Savings Account is $1,000, and the maximum investment per year is $2,000. Contributions may be made up to the tax-filing deadline (not including extensions) and designated for the prior tax year. Learn more about Education Savings Accounts and the Wells Fargo Advantage Funds available.

In writing: Click on the Open an Account link at the top of each page of the site, and then choose the Download option.

Select a fund, enter your name and address, choose whether you would like the application mailed to you or downloaded, and tell us you would like to open an Education Savings Account. Once you have submitted this information, we will verify your order (if you chose to receive the application by mail) or provide you with a link to the application.

Complete the application and mail it with your initial investment to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Update Beneficiaries

Forms you'll need:


Designation of Beneficiary Form

How to update your account:


Complete the Designation of Beneficiary Form or send us a letter of instruction with the information requested on the form.

Don't forget to review the beneficiaries on all of your accounts, including IRAs, 401(k)s, and life insurance policies.

Keep in Mind...

  • Now is also a perfect time to review your health and life insurance policies and make sure your will is up-to-date.
  • A new baby brings lots of new expenses – review your budget and long-term goals and adjust them accordingly. Also, make sure you don't lose sight of your biggest long-term goal: Retirement. As your child grows, you may be tempted to shift some of your retirement investments over to cover your child's college expenses, but remember: Low-cost loans are available to help pay for college – but not to help pay for retirement.

More Information

A program of regular investment cannot assure a profit or protect against a loss in a declining market.

Section 529 College Savings Plans portfolios may invest in stock and bond investments. Stock investments should only be considered for long-term goals as values fluctuate in response to the activities of individual companies and general market and economic conditions. Bond investment values fluctuate in response to the financial condition of individual issuers, general market and economic conditions, changes in interest rates. In general, when interest rates rise, bond investment values fall and investors may lose principal value. Consult a program description for additional information on these and other risks.

Retirement

After years of hard work, you're ready to take time for yourself and do the things you've always dreamed of. Make sure your accounts are ready for your next adventure.

Roll Over Your Retirement Plan Assets into an IRA

Forms you'll need:

IRA Transfer Form, IRA Application

How to update your account:


A "Direct" Rollover: A "direct" rollover occurs when your assets are transferred from your former employer directly to a Wells Fargo Advantage Funds® IRA.

Contact your former employer to see what procedures you should follow to roll over your assets. Complete their paperwork (if necessary), along with our IRA Transfer Form and an IRA Application (if you're opening a new account). Send all of this to Wells Fargo Advantage Funds – we'll sign any necessary forms and forward them to your former employer.

If your employer sends you a check, make sure it is made payable to Wells Fargo Advantage Funds (e.g., Wells Fargo Advantage Funds FBO John Smith). Forward the check to us and reference your account number or Social Security number. You should not endorse this check.

An "Indirect" Rollover: An "indirect" rollover occurs when you take a distribution from an IRA or retirement plan and the check is made payable to you. That amount must be deposited 60 days from the date the distribution is received, otherwise you may be subject to taxes and penalties. Indirect rollovers can only occur once every 365 days.

In an indirect rollover, your distribution may be subject to tax withholding of 20%. This is essentially a pre-payment of taxes. When you send in a check to complete your indirect rollover, you may want to consider adding back in that 20% that was taken out so that the amount of the withholding is not treated as a distribution and penalized.

If you are opening a new account, you will need to complete an IRA Application and send that to us, along with a check for the full amount of the distribution.

To add to an existing account, send us a check for the full amount of the distribution and a note or Additional Investment Form explaining that this is a rollover.


Mail your completed forms to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Distributions

Forms you'll need:

IRA Distribution Form, Shareholder Account Options Form

How to receive distributions from your IRA:


By phone: If you set up the Redemption option when you originally opened your account, call 1-800-359-3379. To establish this option after the account has been opened, you'll need to complete the Shareholder Account Options Form.

We are required to withhold at least 10% for taxes on distributions from traditional IRAs. You can request a different amount by completing a Shareholder Account Options Form or sending us a letter of instruction.

In writing: Complete an IRA Distribution Form and mail it to us. A medallion guarantee may be required if the proceeds are being sent to someone other than the account owner (such as a beneficiary), if your name is not on the bank account the funds are being transferred to, or if the amount is greater than $100,000.

Mail your completed forms to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Required Minimum Distributions

Retirement account owners (except for Roth IRA account owners) are required to take distributions from their accounts beginning at age 70½. If you need assistance calculating your RMD or if you would like to cancel an RMD you have scheduled, please call us at 1-800-359-3379.

Forms you'll need: IRA Distribution Form, Shareholder Account Options Form

How to update your account:
By phone: If you set up the Redemption option when you originally opened your account, call 1-800-359-3379. To establish this option after the account has been opened, you'll need to complete the Shareholder Account Options Form.

In writing: You can choose to receive your RMD on a monthly, quarterly, or annual basis through a Systematic Withdrawal Plan (SWP).

Complete an IRA Distribution Form and tell us how often you would like to receive distributions and how you would like to receive them – by check, direct deposit to your bank account, or transfer to another Wells Fargo Advantage Fund.

Mail your completed forms to:

Wells Fargo Advantage Funds
P.O. Box 8266
Boston, MA 02266-8266

Change Your Address

How to update your account:

You can change your address online, over the phone, or in writing. Please note that there are certain restrictions on redemptions for 15 days after your address has been changed.

Online: Log on to Online Account Access, and click on the Account Services tab. (If you haven't registered, click here.)

Over the phone: Call us at 1-800-359-3379.

In writing: Send us a letter of instruction with your account numbers, new address, and the signatures of all account owners.

Seasonal Address Changes

How to update your account:

You can set up multiple addresses on your account if you have multiple residences. Send us a letter of instruction signed by all account owners with their Social Security numbers, seasonal mailing addresses, and the dates that the seasonal address is effective to and from.

The 15-day hold will apply to the new address initially, but any future changes between these addresses will not require the hold.

Once a seasonal address has been added to your account, call us at 1-800-359-3379 to update your account.

Change Your Bank Information

Forms you'll need:

Shareholder Account Options Form

How to update your account:

Complete the Shareholder Account Options Form and attach a voided check or deposit slip from your new bank account. If the names on the bank account match the names on your account, simply sign the form and send it back to us. Otherwise, if the names do not match, we will need your signature medallion guaranteed.

More Information

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value

Wells Fargo Advantage Funds

  • Individual Investors · 1-800-359-3379
  • Investment Professionals · 1-888-877-9275
  • Institutional Sales Professionals · 1-866-765-0778

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value

Wells Fargo Advantage Funds

  • Individual Investors · 1-800-359-3379
  • Investment Professionals · 1-888-877-9275
  • Institutional Sales Professionals · 1-866-765-0778