Contributions to the Defined Contribution, Tax-Deferred 403(b), and/or 457(b) Deferred Compensation Plan stop with your last paycheck. If you have at least $2,000 in the any of these plans, contact Fidelity Retirement Services about your options.

If you have less than $2,000 in any plan when you leave UC employment, you must request a total distribution. Plan balances may not be combined to meet the $2,000 minimum balance requirement. If you do not make arrangements for a distribution, your accumulation will be:

• rolled over to an IRA custodian in an account maintained for you, if your balance is more than $1,000.
• paid directly to you at your address of record, if your balance is $1,000 or less. There may be tax penalties. See Fidelity Retirement Services for more information.

403(b) Loans
If you are repaying a 403(b) Loan, you must arrange with Fidelity Retirement Services to make monthly payments or repay the loan in full within 90 days of your last day on pay status. If you do not take any action, the outstanding principal will be reported as a distribution and will be subject to income tax and (if applicable) state and federal penalties.

Quick Links

• Fidelity Retirement Services
• Termination of Employment Benefits Checklist [PDF]