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Frequently Asked Questions
Employee/Plan Participant
Q:
I have a loan on my retirement plan, is there an early payoff penalty?
Q:
Can I amend a pending investment change?
Q:
How can I get investment information concerning my available mutual funds options?
Q:
How do I change how future money is deposited into my account?
Q:
How do I change my address/beneficiary/contribution percentage/loan/hardship/rollover?
Q:
How do I choose between using a managed fund investment or picking my own investment funds?
Q:
How do I request a loan/hardship/in-service distribution?
Q:
How do I request a withdrawal from my plan?
Q:
I am getting a divorce, how does a divorce affect my retirement plan account?
Q:
I have changed my User ID/Password on the web; does that change my 800 number User ID/Password?
Q:
I have elected to change fund allocations, will this affect both my existing and future fund allocation?
Q:
I have started contributing to the retirement plan and want to view my account for the first time, how do I access my account on the web?
Q:
I want to change how existing investment monies are allocated, what are my options?
Q:
I’ve terminated service with my employer and have an outstanding loan balance, what are my options?
Q:
If my plan allows loans, is there dollar or time limitation?
Q:
What are the tax consequences of a distribution?
Q:
What does vested account balance mean?
Q:
What is excessive mutual fund trading and market timing activities, and are there fees associated with either?
Q:
When am I eligible to take a withdrawal from my account?
Q:
When will my investment direction modification be effective?
Employer/Plan Sponsor
Q:
Can the plan pay general administrative expenses, including PensionTrend and PensionTrend Investment Adviser’s fees?
Q:
How do I log into the PensionTrend Sponsor Website?
Q:
I have a new human resources/payroll staff who will be working with PensionTrend, what should I do?
Q:
I have failed my ADP test, what does this mean for the plan and its participants?
Q:
What are short term trading fees and how do they affect my participants?
Q:
What is the PensionTrend Sponsor Website?
INVESTMENT/PTIA MANAGED FUNDS
Q:
A participant can choose a Managed Fund or create their own asset allocation by choosing other mutual funds offered in their plan. What is the advantage in choosing a Managed Fund?
Q:
How are the Managed Funds allocated?
Q:
How are the Managed Funds invested?
Q:
Is one fund all a participant really needs?
Q:
Should a participant invest in the PTIA Managed Funds?
Q:
There are several Managed Funds from which to choose. How does a participant know which Fund is best for his current needs?
Q:
What are the operating costs of the Managed Funds?
Q:
What is a Managed Fund (Collective Investment Fund)?
Q:
Who manages the portfolios of the Managed Funds?
Q:
Why should a Plan Sponsor consider selecting the PTIA Managed Funds as plan investment options?
Q:
Will a participant be able to see the price of their Managed Fund in the newspaper?
Q:
Will a participant be able to trade the Managed Funds daily just as they do mutual funds?
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