What is the effect on my DC Plan, 403(b) Plan or 457(b) Plan?
Contributions stop with your last paycheck. You will be eligible for distributions from the DC Plan, the 403(b) Plan and the 457(b) Plan according to the rules for those plans regarding separation from service. If you have a balance of $2,000 or more in a single plan (for example, the 403(b) Plan) after separation from UC service, you may keep your money in that plan. See the At Your Service website or the FITSCo website for complete details.
Related Questions
- How will my voluntary contributions to the 403(b), 457(b) and DC Plan After Tax Plans be impacted by the furlough plan?
- How will voluntary contributions to the 403(b), 457(b) and DC Plan After Tax plans be impacted by the Plan?
- What is the maximum annual amount that can be allocated to a participant in a DC plan?
