Once GuideStone has been notified of your exiting employment with Reliant, you will generally have a 60-day window to select what you would like to do with your 403(b) balance. The GuideStone Customer Solutions Center (888-984-8433) can advise you of your options. You have three options: See details below. |
Because many employees want to contribute to 403(b) up through their last paycheck (which is typically received a month or two (depending on backpay) after their actual termination date), Reliant generally notifies GuideStone of your exit after your final paycheck has been processed and any contributions from that paycheck have been submitted to GuideStone. This generally happens within 5-10 business days after the final paycheck. The 60-day window to decide what to do with your 403(b) funds begins from the date that we notify GuideStone of your termination. This process of waiting to notify GuideStone 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) account. If you'd like to have Reliant notify GuideStone of your 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 payroll@reliant.org. However, please note that GuideStone can not be notified of the termination prior to the Reliant termination date. We are not able to enter any date on the GuideStone site other than the actual Reliant termination date and we are not able to enter it as a future date.
When you exit employment with Reliant, your 403(b) will be 100% vested, which means you get to keep all of the money you invested, plus 100% of the employer match.
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The GuideStone Customer Solutions Center (888-984-8433) can advise you of your options. |