Tax Rules : Support

Tax Rules

Can I rollover my pre-tax and Roth dollars into one IRA?

Generally, tax-deferred assets are rolled over into a traditional/tax-deferred IRA while Roth assets are rolled over into a Roth IRA. However, you may ele...

Thu, 4 Jun, 2020 at 12:42 AM

Can rollover a portion to an IRA and distribute the rest to myself?

Yes, you may rollover a portion of your account balance to an IRA to avoid paying taxes and distribute the remainder to yourself as a taxable withdrawal.

Thu, 25 Jun, 2020 at 11:51 AM

Recent articles

What is the distribution timeline for a Plan with an Annual Valuation?

Unlike a Plan with daily recordkeeping, annual valuation plans calculate each participant’s share of the total account balance only once a year. Distribution requests received by 12/31 of a specific year can only be processed after that year’s work is comp...
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Plan Implementation Notes & Instructions

Instructions Relating to the Forms & Documents Section of the Conversion Dashboard RPG Executed Agreement - Save a copy of the fully executed RPG contract for your records. Termination Letter(s) to Prior TPA/Recordkeeper - Termination letter(s) shoul...
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Understanding ERISA 404(c)

The Employee Retirement Income Security Act of 1974 (ERISA) section 404(c) offers plan sponsors and other fiduciaries protection from liability for losses resulting from participants’ direction of their investments. To take advantage of ERISA 404(c), the...
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What are the Plan Contact Roles?

Authorized to Add/Remove Plan Contacts Access Confidential Documents RPGFocus Plan Sponsor Portal Access Compliance Portal Access Plan Trustee ✓ ✓ ✓ (upon request) ✓ (Full Access) Compliance Reports Contact ✓ ✓ ✓ (upon request) ...
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Automatic IRA Rollovers/”Force-Outs” - Who is Penchecks Trust?

RPG utilizes the services of PenChecks Trust as a distribution agent for Force Out distributions. Following your separation from service, if the vested balance of your retirement account (excluding rollovers) does not exceed $5,000, and you do not req...
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RPG uses PenChecks Trust for Force Out distributions

PenChecks Trust is the largest independent provider of retirement plan distribution services, including benefit payments processing, setting up and maintaining Default IRA’s, finding missing participants, handling uncashed checks, and more. Automatic r...
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How can I change my investment allocations? Any fees for this?

Your investment elections govern how upcoming contribution dollars (not yet in your account) will be invested in your account upon arrival. Your investment allocations govern how existing assets in your account are invested and can be changed by submitting...
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Myth: Double Taxation of Loan Payments

The claim that 401(k) loans are subject to double taxation is a persistent myth that has been perpetuated by many personal finance commenters. They point to the fact that 401(k) loans are repaid with after-tax dollars and that the repaid retirement assets...
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Electronic Notifications of Deferral Election Changes

Deferral election methods Deferral election changes are initiated by employees and must be implemented through payroll. There are several ways to process these changes. While some companies use paper forms or utilize their payroll system’s self-servic...
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Does the website integrate with Quicken?

You may download your transaction history to Excel by clicking the "DOWNLOAD" button at the bottom of the Transaction History page of the Participant Portal. For Quicken files, there are several commercial tools available for converting Excel fil...
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