Update Your Account Options

Account options

Add an automatic investment plan (AIP)

An AIP allows you to make scheduled, automatic investments from your bank account into your Allspring Funds account.

• To establish an AIP, log in to Online Account Access, select "Trading/Systematics"and the “Automatic Investments” option, or complete the Shareholder Account Options form (PDF).
• To make changes to an existing AIP, log in to Online Account Access, select "Trading/Systematics" and the “Automatic Investments” option, or complete the Shareholder Account Options form (PDF) or call us.
• To change your bank information, complete the Shareholder Account Options form (PDF). Note that you must make all changes at least three business days prior to the date of your next scheduled investment for those changes to be in effect.

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

Add an automatic exchange plan

An automatic exchange plan allows you to make regular, systematic exchanges from one of your accounts to another account.

• To establish an automatic exchange plan, log in to Online Account Access, select “Trading/Systematics” and the “Systematic Exchanges” option or complete the Automatic Exchange Plan form (PDF). If the accounts are not identically registered, you will need to provide a Medallion Guarantee of all owners on the from account.
• To make changes to an existing automatic exchange plan, log in to Online Account Access, select “Trading/Systematics” and the “Systematic Exchanges” option, or send a Letter of Instruction (PDF) or call us.

Process an exchange between accounts

The exchange option allows you to exchange funds between identically registered Allspring Funds accounts. There is no minimum exchange requirement. However, the amount must meet the minimum purchase requirements for each fund.

• To process an exchange on your existing account, log in to Online Account Access, select the “Trading/Exchange” option, or send a Letter of Instruction (PDF) or call us.

Process an express purchase

Express purchases allow you to purchase shares by electronic funds transfer (EFT) from your bank account to your Allspring Funds account. Purchases initiated before market close will be priced at that day's closing net asset value (NAV). Requests made after market close will be priced at the next day's NAV.

• To process a purchase, log in to Online Account Access, select the “Trading/Purchase” option, or send a Letter of Instruction (PDF) or call us.

Process a  redemption  

Redemptions allow you to sell shares in your Allspring Funds account and have the proceeds sent to your address of record via check or to your existing bank information via wire or electronic funds transfer (EFT). Redemptions initiated before market close will be priced at that day's closing net asset value (NAV). Requests made after market close will be priced at the next day's NAV.

• To process a redemption, log in to Online Account Access, select the “Trading/Redeem” option, or send a Letter of Instruction (PDF) or call us.

Add a systematic withdrawal plan

You may set up your Allspring Funds account for automatic withdrawals at regular intervals. These withdrawals can be sent by check or by EFT.

To establish the plan:

• For non-IRA accounts: Complete the Systematic Withdrawal Plan form (PDF) for each plan you wish to set up. This form may require a Medallion Guarantee.
• For IRA accounts: Complete the IRA Distribution Request form (PDF)  for each plan you wish to set up. This form may require a Medallion Guarantee.

To make changes to the date, amount, or frequency, or to stop or restart the plan:

• Log in to Online Account Access and select "Trading/Systematics" and the “Systematic Withdrawals” option, or;
• Call us or send us a Letter of Instruction (PDF) including the account numbers involved, the new date, the dollar amount, and the frequency of redemptions. Include the signature(s) of all account owners.

To change the payee of the plan:

• For non-IRA accounts: Complete a Systematic Withdrawal Plan form (PDF). Be sure to stop the plan with the old payee. This form may require a Medallion Guarantee.
• For IRA accounts: Complete the IRA Distribution Request (PDF). Be sure to stop the plan with the old payee. This form may require a Medallion Guarantee.

Adding a beneficiary designation  

Designating a beneficiary on an account can be a simple way to define how you wish for your assets to be transferred after your death. A beneficiary can be designated for your IRA account or if you hold an individual or joint tenancy with rights of survivorship (JTWROS) account:

• For IRA accounts: Log in to Online Account Access and select “Account Settings/Beneficiaries” or complete the IRA Designation of Beneficiary Form (PDF).
• For individual or JTWROS accounts: complete the Designation of Transfer of Death (TOD) Beneficiary Form (PDF)

To update existing beneficiary information:

• For IRA accounts: Log in to Online Account Access and select “Account Settings/Beneficiaries” or complete the IRA Designation of Beneficiary Form (PDF).
• For TOD accounts: Log in to Online Account Access and select “Account Settings/Beneficiaries” or complete the Designation of Transfer of Death (TOD) Beneficiary Form (PDF)

Change dividend and capital gain elections

Dividends and capital gains default to automatically reinvest into your Allspring Funds account. You may change this election at any time to send a cash payment to your address of record, cash payment to your existing bank information or reinvest into another identically registered Allspring Funds account. To make a change:

• Log in to Online Account Access and select ”Account Settings/Dividends and Capital Gains” or, Complete the Shareholder Account Options form (PDF) or call us.