How
do I pay off my current loan?
Due
to interest rates and calculations, you must contact
your HR department to obtain information about paying
off your loan balance. The easiest way to submit a loan
pay-off is to send a check. Your HR department will
have check instructions to help you complete this task.
Please do not send any checks or assume a pay-off balance
prior to speaking with your HR department. Your final
loan payment deposited through payroll deductions must
have cleared before we can provide your HR rep with
your current loan pay-off balance. [Top]
I
have some basic questions about taking a loan from my
account?
See
the Retirement FAQ/Loans
section. [Top]
I
have some basic questions about taking a distribution
from my account?
See
the Retirement FAQ/Distributions
section. [Top]
How
do I request a distribution/loan from my account?
To
request a distribution or loan from your account, please
see your HR department for the proper paper work. You
will need to then return the completed paperwork back
to your HR department for submission. All requests must
come through your Employer. [Top]
I have requested a distribution
from my account, when can I expect to receive my check?
The
typical processing time is 10-14 business days from
the date TEGRA receives a completed request from your
Employer. A completed request will include the paperwork
to be completely filled out by the participant requesting
the distribution as well as the portions required by
the Employer. A check request is not submitted until
all outstanding payrolls for the participant have been
processed. [Top] |
