Beneficiary Designation Form – At
the time of a participants death whomever he/she has designated on the
beneficiary form will be paid a single lump sum payment of his/her entire
account balance. In the event of no designation, the death benefit will be paid
in the following order of priority:
a.)
Your surviving spouse;
b.)
Your surviving children, in equal shares; or
c.)
Your estate.
Cash Transaction
Detail Form – Required for Electronic transfers, Automatic
Clearing Houses (ACH) or Wires for the ordering of a withdrawal from the
participants account. Please have your banking institution complete and sign
this form.
Distribution Request
Form – After termination or resignation a participant is allowed
to withdrawal his/her funds from the plan or rollover his/her account into
another qualified plan or IRA. (Processing timeline of approx. 13-17 business
days)
Hardship Withdrawal
Form – A hardship withdrawal may be made to satisfy certain
immediate and heavy financial needs that a participant may have. A hardship
distribution may only be made for payment of the following provisions listed in
the
link attached
(Processing timeline of approx. 10-14 business days)
Initial Enrollment &
Investment Selection Form- Post Tax
Initial Enrollment &
Investment Selection Form- Pre Tax -
Allows a participant the opportunity
to enroll, suspend, change, and decline his/her participation in the Nez Perce
Tribe Employee’s Retirement Plan. Contribution amounts can be changed,
investment designations can be made, and salary deductions can be stopped.
In-Service Withdrawal
Form – While a participant is still working for the Nez Perce
Tribe or a Tribal Entity, he/she may withdraw money from the account once
he/she has reached the age of 59 ½. (Process timeline of approx. 13-17
business days)
Loan Application Form
– A participant may request a loan and are allowed 50% of your vested balance.
(Processing timeline of approx. 10-17 business days)
Loan Payoff Form
– Allows the participant an opportunity to pay off the loan balance in full.
(Processing timeline of approx. 5-7 business days)
Rollover Acceptance
Form – Allows a participant to rollover his/her previous
retirement account into the plan.
