Withdrawals ? Contents | X Close Window

This page allows you to withdraw (also called a distribution) money from your retirement plan. The amount of money available for withdrawal depends on the type of withdrawal selected. The maximum available withdrawal amount is based on the withdrawal type selected and is calculated using vested balance and/or the value of contributions to specific investments setup in the plan.


"Your request has been processed." - This indicates that you have successfully entered in instructions for the modification to your account. A processed request, as far as the web is concerned, is one which has been accepted into the database. This request has not yet been processed by the plan administrator to update your account. This does not mean the request will be approved or that it will pass through the system without error.

"The maximum number of withdrawals has been met." - This indicates that you have previously requested the maximum number of withdrawal requests allowed by the plan for a specified period.

"There is a pending withdrawal of this type." - This indicates that you have a pending withdrawal request that must be completed before subsequent requests can be made.

"The age criteria has not been met." - This indicates that the plan has specified a minimum age requirement for withdrawal requests and you have not met the requirement.

"The maximum distribution amount is 0." - You do not have an available balance for requesting a withdrawal.

"The maximum distribution amount is less than the minimum." - This indicates that the plan has specified a minimum withdrawal request amount and your balance is less than the minimum.