Oregon Oregon State Treasury

Rule Rule 170-080-0040
Distributions and Distribution Requests


(1)

A Participating Employee, Participating Individual, or Beneficiary may request a Distribution of all or a portion of funds from a Program Roth or Traditional IRA at any time by submitting a completed distribution request to the Program Administrator, in a form or format established by the Program and permitted by the IRS.

(2)

A Program IRA Distribution shall be subject to any applicable state and federal income tax obligations and may be subject to penalties under the Code.
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Last accessed
Jun. 8, 2021