Rollover form Calpers to a Vanguard IRA?

Has anyone actually rolled over their Calpers retirement money to another IRA? How difficult is it to do this? I have the form from Calpers. Do I just fill this out and put the Vanguard account number on it and send it to Calpers. Is that really all there is to it?

Public Comments

1. The safest and easiest way is to call Vanguard and let them handle the rollover. This way there is no question of you have handled the money and no danger of penalties. Vanguard will have it done more quickly then you just sending in the form
2. As someone else mentioned you should call Vanguard and ask how to do this properly. It's imperative that you do this correctly because if you do it wrong you could get hit with an immediate tax liability (this would eventually balance out when you do your taxes the following year with a substantial tax write-off) and/or a penalty.