Forms of Payment from Fidelity

You may choose to receive your Fidelity funds in one of several ways.

Lump Sum

You may elect to receive a lump sum distribution from Fidelity for the full value of your accounts at the time of the payment.

Installment Withdrawal Program

As an alternative to a lump sum distribution, you may elect to maintain your account balances with Fidelity and receive periodic withdrawals from your account until you have exhausted your account balances. You may designate the amount and the frequency of these withdrawals (subject to certain minimums required by the tax law).

Rollover

You may also elect to roll over all or a portion of the account balances in your Fidelity funds into an individual retirement account (IRA) or another plan you participate in that accepts rollovers, provided you meet certain tax law requirements. If you wish, you may use the proceeds of your account to purchase an annuity through TIAA/CREF or another insurance company. You may wish to consult with your financial advisor before selecting this option.