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RSA1 Deferred Compensation Plan P.O. Box 302150 Montgomery, Alabama 361302150 334.517.7000 or 8775170020 www.rsaal.govRSA1/PEIRAF Participant Distribution Packet Lump Sum or Partial Lump Sum Request
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Start by gathering all the necessary documents and information, such as participant names, contact details, and distribution preferences.
02
Fill out the participant distribution packet form, providing accurate and complete information for each participant.
03
Ensure that all required fields are properly filled and any supporting documents are attached as per instructions.
04
Double-check the filled packet for any errors or omissions before submission.
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Submit the completed participant distribution packet to the designated authority or department.
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Follow up with the authority or department to confirm the receipt of the packet and inquire about any further steps.

Who needs participant distribution packet?

01
Participant distribution packets are required by organizations or departments that manage participant databases or need to distribute information, resources, or materials to participants.
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A participant distribution packet is a document used to report distributions made to participants from a retirement plan or other qualified plan, including information about the amount and reason for the distribution.
Plan administrators or fiduciaries of retirement plans are required to file the participant distribution packet when distributions are made to participants.
To fill out a participant distribution packet, one must provide details such as the participant's information, distribution amount, the date of distribution, and the reason for the distribution, following the specific guidelines provided by the governing body.
The purpose of the participant distribution packet is to ensure compliance with regulatory requirements, provide necessary documentation for distributions, and maintain accurate records for both the plan and the participants.
The information that must be reported includes participant's name and identification, distribution amount, date of distribution, type of distribution, and any applicable tax withholding.
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