State of Michigan 401(k) and 457 Plans

Can I transfer money among the funds?

Question:

Can I transfer money among the funds?

Answer:

Yes. You can move money between funds any time by calling the Plan Information Line at 1-800-748-6128 or through this website in the Investment & Research section. Transfers must be made in 1% increments, and you cannot transfer money from one fund to another and back to the original fund in the same day. Certain funds require a holding period of at least 90 days before transfers are allowed.