Return of Excess Contributions – 2019 - DEADLINE EXTENSION TO 7/15/2020
UC Office of the President have just received confirmation from the IRS, and the deadline to process and refund any 2019 excess contributions to a participant from their UC Tax-Deferred 403b and/or 457(b) Deferred Compensation Plan has been extended to July 15, 2020.
Any participant who may have over-contributed (exceeded the IRS limits) to either Plan must contact Fidelity Retirement Services (1-866-682-7787) and request a Return of Excess Contribution form noting the specific Plan (copy of form attached for your reference). The form must be completed, signed, enclosed with explanation and any supporting documentation, and then submitted to UC Retirement Savings Program for approval and submittal to Fidelity for processing. The form, along with any attachments, can be mailed or faxed to:
UC Retirement Savings Program
P.O. Box 24570
Oakland, CA 94623-1570
FAX: 1-510-291-9945
The properly submitted request MUST be received by UC Retirement Savings Program by July 1, 2020 in order for Fidelity to meet the distribution deadline of July 15, 2020. Please refer to the Plan SPD for additional details regarding the overall rules and regulations:
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