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Rollover out of a Reliant 403B retirement account:

Employees Exited employees can only request a rollover out of a Reliant 403B account ifinto another employer-sponsored retirement account:

1) they are exiting employment from Reliant (see See Termination/Exit Employment with Reliant) 

Current employees can make withdrawals from the retirement account under the following circumstances:

1) If the employee is 2) they are still employed with Reliant but have has reached "retirement age" which currently starts at 59 1/2

• • Withdrawals can be made payable to the employee and tax forms will be distributed to the employee by Principal at year-end to report those distributions when filing their taxes(See Withdrawal (Age 59 1/2 or Higher)
  • Rollovers into another retirement or investment account of the employee can also be made. (See Withdrawal (Age 59 1/2 or Higher)
  • Withdrawals made payable to the employee to be used as parsonage and tax forms will be distributed to the employee by Principal at year-end to report those distributions when filing their taxes (if the employee contributed those funds to the account when they were employed as a minister by Reliant) See Withdrawal as Parsonage (Age 59 1/2 or Older )

3) withdrawals can also be made such as 2) If the employee is NOT of retirement age and is currently still  employed by Reliant, two types of *withdrawals are allowed (*Note: additional IRS and plan rules apply): 403B Loans and Hardship Withdrawals