Accessing your money
Your plan offers many distribution options, allowing you to tailor your benefits to meet your individual needs. Depending on plan provisions, your withdrawal options include:
- Receiving systematic withdrawals
- Taking a lump-sum distribution
- Choosing one of the many annuity options available
Generally, income taxes must be paid on all amounts you withdraw from your plan. Consult your financial professional for more specific information.
No administrative charge will be applied to this plan. Each fund’s annual operating expenses apply based on the funds chosen and are described in the prospectus.
Tax-free loans make it possible for you to access your account, subject to certain limitations, without permanently reducing your account balance. Defaulted loan amounts (not repaid on time) will be taxed as ordinary income.
RO 2767020 (03/2023)