Invest Your Leave Cash-Out and Save

Does your employer offer the opportunity to cash-out all or part of your sick or vacation leave balances at the end of the year? Will you have a sick or vacation leave cash-out when you terminate employment soon? If so, you have another opportunity to invest in the Program.
To defer your year-end leave cash-out, ask your payroll officer for the amount and the date the
cash-out will be paid. Program paperwork must be completed at least 30 days prior to that pay date.

Many participants must complete the paperwork early in November in order to take advantage of an early December cash-out. If your leave cash-out is due to your severance from employment, the IRS requires the cash-out be made within 2½ months of your termination date in order to be
deferred. The election paperwork to defer your cash-out balance must be completed one month prior to the paydate.

If you would like to defer all or part of your leave cash-out, call an Account Executive at your earliest convenience at 1-877-644-6457. This transaction cannot be completed on our automated telephone system or web site