Product: MERS Defined Contribution (including DC+ and Hybrid), 457 Program, MERS IRA
Date Sent: 10/15/2021
Format: Mailed Letter from Alerus on behalf of MERS
On 10/15, Alerus sent required minimum distribution (RMD) letters to the 160 participants who are have not yet satisfied their 2021 RMD.
Alerus also sent a letter to participants who are age 70.5 or older and are still coded in the Alerus system as actively employed. This letter is mailed to ensure participants don’t miss any RMDs in the event of a missing termination date in the system.