RSS Feed

Financial Fitness Blog

Deadlines are coming up before you know it

 Permanent link   All Posts

Jay Lukas403(b) and IRA exchanges/transfers/rollovers

Exchanges, transfers, and rollovers require a longer processing time. Your completed paperwork (including approved third-party administrator transaction authorization if applicable) will be submitted to the payer company by the end of December if we receive it by December 10, 2016. This includes requests for IRA recharacterizations and conversions. Call us at 1-800-279-4030 if you have any questions. We’re happy to help you through the process.

Postdated checks

We are not able to accept IRA contribution checks written and received this tax year (2016) for next tax year (2017). Postdated checks will be returned.

Year-end withdrawal deadlines

If you would like to take a lump sum withdrawal from your 403(b) or IRA accounts before the end of 2016, your request must be received by us on or before December 16, 2016. Requests received after this date may not be processed before year-end.

Jay Lukas, Assistant RIS Consultant