Rollover/Distribution out of a Reliant 403(b) retirement account:

Exited employees can request a rollover out of a Reliant 403(b) account into another employer-sponsored retirement account:

• When we report your exit date to GuideStione they'lls edn you an email to educate you on your roll-over options
• IMPORTANT - If you are a minister and want to withdraw funds as parsonage, you have the option to keep the funds with GuideStone to maintain that option when you are retirement age. 

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

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

• • Withdrawals can be made payable to the employee (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 GuideStone 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 )

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