Full, In-Service & Partial Withdrawals
Removing all of the money in a 401k plan, either as withdrawal or rollover
What is a Full Payout
The length of time someone has to get funds into a qualified retirement account through an INDIRECT rollover
What is 60 days?
What is gross up and the tax calculator?
Forms used for tax withholding on any periodic pension or annuity payments, RMDs and SWP greater than (>)10 years
What are W-4P forms?
The tool used to process a multi-source transaction
What is DCW?
The withdrawal that is available as the result of money being rolled into a plan
What is a Rollover Withdrawal?
The information we need from the participant to process a rollover
Not eligible for a medical expense hardship
What are elective procedures, anything covered by insurance, or will be reimbursed on.
The date in which an RMD has to start
What is the required beginning distribution date?
(By April 1 of the year following age 73 or retirement)
The team you send a RIPC call to what the account is education only or there is a BOL
What is RBS?
The minimum federal tax withholding on any non-hardship withdrawals
What is 20%?
The only non workplace account type Roth money can go to
What is a Roth IRA?
Requirements for casualty loss hardships
The tax withholding requirements for SWP lasting LESS than 10 years
What is 20%?
The number of checks a participant will receive if they are processing a distribution as a partial rollover and partial withdrawal of pre-tax, after-tax, & Roth funds
What is 4?
The rule of 55, beneficiary accounts, and QDRO accounts
What are not subject to the 10% early w/d penalty
The account types that pre-tax money can be rolled over into
What are rollover IRAs, traditional IRAs, employer plans & Roth IRAs
Date requirements for all hardship documents
What is dated within the past 3 months?
When an MRD is sent out to the participant on a set date automatically
What is autogen?
The only account types a NON-SPOUSAL beneficiary account can be rolled over into
What is an INHERITED IRA or Roth IRA?
Transaction that involve paperwork that is returned to the employer
What are Sponsor Approved?
The amount of time you have to get a rollover check into the account it is to go into
What is NO LIMIT/as long as the check is valid?
Bills that will no longer be eligible for a hardship
Tax form that has to be reviewed when the taxes withhold on a one time transaction are different than the default rate
What are W-4R forms?
The contributions tab on ADE
Where to locate the DOFRC?