Printed daily placed in the mail within 5 business days allow normal mailing time to receive
What is check in the mail or check timing
100
Suspends your after tax contributions for 6 months however can still contribute on a before tax basis
What is Regular 0r a 59 1/2 or 70 1/2 withdrawal
100
What are the methods to sending in documents
What is fax mail upload documents
200
Amount requested not available on TBA when application received -- due to market fluctuation
Participant has already taken and been approved for loan using same documentation
Information missing on application form
Form not signed and dated
Received after expiration date 20 days after request date
Incomplete or missing documentation
What is Denial for PRL
200
Pension plan that can only be paid as a monthly annuity if valued more than $10,000? (official name needed)
What is Traditional Pension Plan?
200
Tuition Back taxes Prevention of Eviction or Foreclosure Funeral Burial Expense Unreimbursed Medical expenses Repair of Unforeseen Damage to Principal Residence
What is a Hardship withdrawal
200
Old Match (contributed prior to Aug-2003) -- Available at any time
New Match (contributed after Aug-2003) -- Available at earlier of age 70-1/2 or separation of service
What is company match
200
Changes investment of existing balances in percent increments
Automatic rebalance option available -- allows participants to elect plan balances automatically rebalanced to desired fund elections
What is a Fund Reallocation
300
Purchase of primary residence, condominium, or mobile home
Construction of primary residence
Purchase of land for new construction or trailer
What is the reason you can request a PRL
300
Automatic coverage that is needed if spouse will obtain benefit at TMs death prior to commencement.
What is QPSA (Qualified PreRetirement Survivor Annuity)?
300
Monthly Bills have to exceed overall monthly income
What is Financial Hardship
300
No restrictions for withdrawing money from this account
What is rollover amounts
300
Participant must call each quarter to elect a payout
Checks mail on or around the 16th day of March, June, September, December if payout requested
What is Dividend payout or Dividend request
400
Not not an approvable document for a PRL
What is Intent to Purchase
400
Processes for 30 days following separation from company
What is Term Calc?
400
Financial worksheet is not needed when applying for this type of Hardship
What is Tuition
Unreimbursed Medical Expenses
Purchase or Construction of Principal Residence
Prevention of Eviction or Foreclosure
Funeral/Burial Expenses
Repair of Unforeseen Damage to Principal Residence
Delinquent Taxes
400
Participant's oldest Roth Account is at least 5 years old and
Reason for payment is one of following:
Participant is 59-1/2 or older
Death
Disability
What is Roth 401(k) payment considered qualified withdrawal
400
Withholding is not required for which of the following states
What is Alaska ,Mississipi, Florida, Texas, South Dakota Neveda, New Hampshire, Washington, Wyoming , Tennese
500
May result in higher amount than indicated on Separation From Employment Notice/When Your Employment Ends
What is When loan foreclosed
500
Date Pension Election Authorization must be received AND approved in order for payment to start 1st of next month?
What is the 8th of the month?
500
Next available quarterly dividend paid out to participant automatically Dividend must be greater than $1.00 for payout to apply
Participant may avoid payout by electing reinvestment after Hardship has been approved and processed
What is Approved Hardship
500
Must be received by rollover institution within 60 days of issue date or date received, depending on receiving institution requirements
What is Indirect Rollover
500
Check amount does not match invoice within over/under limit
Can be over $50.00
Cannot be under payoff amount
Incorrect type of check sent, must be cashiers check or money order
Check made out incorrectly
Check received afer loan defaulted
Numeric amount on check does not match written dollar amount on check
Received after due date
What is Manual Loan Repayment /DelinquencyOverview Dental