An SRA allows automatic pre-tax contributions from your paycheck directly to your account with Lincoln. You can obtain a copy of the SRA at the Human Resources Office or you may complete the SRA on Self Service Banner. Please follow this link for instructions on completing the form: How to Complete a Salary Reduction Agreement . The completed forms should be mailed to the following address:
questions please contact Carey Beaven, Lincoln's
vendor representative, at 404-625-8402 or Carey.Beaven@LFG.com. You can
also contact Lincoln's Customer Contact Center
at 800-341-0441 (Monday to Friday 7:00AM to 7:00PM)
Interest earned daily
Interest is credited and compounded daily to yield the effective annual rate declared. All interest earned is tax-deferred.
Transfers to Lincoln
Flexible payout options
You may transfer up to 20% of your account balance once every calendar year or by notifying Lincoln that you wish to liquidate your account. You may transfer your money at no charge in five annual payments equal to 20%, 25%, 33 1/3%, 50% and 100% of your account balance. IRS restrictions may apply.
|1 If your earnings were credited after December 31, 1988, to salary deferral contributions, they may not be withdrawn for financial hardship reasons. Some other withdrawals may be restricted or subject to a 10% federal excise tax.|
|The information is provided for educational purposes only and was not designed as advice regarding your personal financial circumstances. You should consult with an investment advisor, tax attorney, or qualified accountant before making investment or distribution decisions.|