Marie Javier-Guerrero

I was automatically enrolled but want to opt out. What happens to my contributions? If you opt out within the 90-day window after being auto-enrolled, your contributions can be refunded. Complete t...

Do I need to complete a new ACH debit form if if want to change my contribution frequency? If you have a current ACH Debit Form, yes, you will have to update the form. If your contributions are bei...

Can I withdraw from my retirement account if I'm called to active military duty? Yes. If you are a reservist called to active duty for 180 days or more, you may be eligible for a Qualified Reservis...

What happens to my money if something happens to ASC Trust? Your funds are held in a trust and are completely separate from ASC Trust's operational accounts. If anything were to happen to ASC Trust...

Does a Power of Attorney need to mention retirement plans or ASC Trust specifically? Yes. The Power of Attorney document must contain language specifically referencing retirement plans or ASC Trust...

Does over-the-counter medication qualify as an FSA-eligible expense? Yes. Over-the-counter medications are eligible FSA expenses and do not require a prescription.Can I use my credit card statement...

What is the fee for a 529 distribution? The fee for a 529 distribution is $50.Does ASC Trust handle Coverdell Education Savings Accounts? No. ASC Trust does not administer Coverdell accounts.If a g...

How do I set up beneficiaries if I'm legally married? If you are legally married, your spouse must be listed as the primary beneficiary at 100%. If you want to include other beneficiaries as primar...

Does the employer contribution to my HSA count toward my annual limit? Yes. The annual HSA contribution limit includes both employer and employee contributions combined.Can I still contribute to my...

What is the Rule of 55? The Rule of 55 is an IRS provision that allows penalty-free withdrawals from your employer-sponsored retirement plan (such as a 401(k) or 403(b)) if you leave your job in th...