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When is Principal Notified of Terminations?

Because many missionaries employees want to contribute to 403(b)(9) up through their last paycheck (which is typically received a month or two (depending on backpay) after their actual termination date), Reliant generally notifies Principal of your exit after your final paycheck has been processed and any contributions from that paycheck have been submitted to Principal. This generally happens within 5-10 business days after the final pay datepaycheck. The 60-day window to decide what to do with your 403(b)(9) funds begins from the date that we notify Principal of your termination. This process of waiting to notify Principal is designed to help prevent employees from having to take action to rollover funds multiple times, as we're waiting to start that 60-day period after all funds that will be contributed and are in the 403(b)(9) account. If you'd like to have Reliant notify Principal of your termination sooneryour termination as soon as your termination date arrives (which would mean you want to stop contributing to 403B prior to your final paycheck), please contact benefits@reliant.org.   payroll@reliant.org.  However, please note that Principal can not be notified of the termination prior to the Reliant termination date. We are not able to enter any date on the Principal site other than the actual Reliant termination date and we are not able to enter it as a future date. 

What Percent Vested will I be when I Exit?

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