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Change Options
Your RIC 403b accounts are very flexible and many features may be changed at anytime.
List items for Changes While Employed (ERE)
To change salary reduction, submit a completed Salary Reduction Form (289.04 KB) .pdf to your payroll office.
When you have a change to your name, address, or beneficiaries, contact your provider directly. Your provider will explain the process and provide forms to complete these changes.
- Rebalance your investments: You may change your active provider fund selections at any time (with no fees in most cases). Access your accounts online or contact your provider directly.
- Redirect future contributions to alternative investments if you wish. You may choose to sell current funds and reinvest them in alternative investments within RIC (some provider restrictions and fees may apply).
Inactive provider changes may or may not be allowed by phone or internet. Your provider may require that you make your request in writing. Fees and restrictions may apply to these transactions.
A provider exchange refers to the movement of some or all of your RIC assets from one RIC investment provider to another RIC investment provider. If you have assets invested with an inactive provider and wish to make an exchange, be sure to contact your old provider and ask if there are any fees and/or restrictions on moving your money out. Investments with active providers have no restrictions or fees to consider.
Note: Exchanges between active providers are not recommended unless you have been dissatisfied with your current active provider services or investments over a reasonable amount of time.