Rollover of Benefits

You may elect to roll over all or a portion of your rollover eligible distribution All distributions that are not part of a series of equal (or almost equal) distributions that are made at least once a year and that will last for (1) your lifetime (or a period measured by your life expectancy) or (2) your lifetime and your beneficiary's lifetime (or a period measured by your joint life expectancies) or (3) a period of 10 or more years. into a qualified individual retirement account (IRA or Roth IRA) or qualified employer plan. If you choose to roll only a portion of your distribution, the portion you roll over must be at least $500.

Note: All IAP rollover checks other than to the Oregon Savings Growth Plan (OSGP) will be mailed to you with the financial institution as the payee. You will be responsible to deposit the funds to your account with that institution.