Updated RS Plan Distribution Option Forms

The NRECA Retirement Security (RS) Plan’s participant distribution option forms have been updated to reflect the ability to display multiple required minimum distribution amounts.

When requesting distribution option paperwork, participants eligible for a required minimum distribution will receive the amount of the required minimum distribution in their forms. Eligible participants who request this paperwork towards the end of the year may, depending on when the paperwork was received and completed, have to take a required minimum distribution for the following year as well.   

As a result of this update, participants who must take a required minimum distribution from their account will receive distribution paperwork that outlines the amount of the required minimum distribution for the first and, if applicable, second year. With this information, participants can fully realize the implications of any additional required minimum distribution amounts owed based on the timeline in which they complete their distribution paperwork.

If you, or your retirement plan participants have questions about this update, please contact the Retirement Plan Distributions team at 866.673.2299, option 5. Team members are available Monday through Friday from 7 am to 5 pm, Central time.

Participants with questions about planning for their retirement, or required minimum distributions, should contact a member of the Personal Investment & Retirement Consulting team at 866.673.2299, option 6. Team members are available Monday through Friday, from 7 am to 4:30 pm, Central time.