Sending Contributions to the Program
There are two ways to send contributions to the Program: by check through the mail or by wire transfer through a financial institution. If you send a check, make it payable to “ABA Retirement Funds Program.” You must submit to the Program the following:
- Contribution and Loan Repayment Remittance Form (after signing as Plan Administrator),
- Check (or wire using Notification of Loan Contributions/Repayments by Wire Form),
- If there have been rollover contributions, Rollover Certification Form for Individual Participant Form, and
- If there have been contribution corrections, Corrective Measures for Contributions Form (see Making Corrections).
For wire transfers, the Program must receive these forms no less than 48 hours before the funds are wired. If advance notice of wire instructions is not provided, there may be a delay in crediting the contributions/ loan repayments.
Forward the completed Contribution and Loan Repayment and Remittance Form and all deposit checks, or Notification of Loan Contributions/Repayments by Wire Form or, if applicable, Rollover Certification Form for Individual Participant Form and Corrective Measures for Contributions Form to the Program to one of the addresses listed under “Mail & Email” in the Forms, Tools and Resources section of the Guide.
Contribution remittances and loan repayments processed at the close of business by the last business day of the quarter will be reflected on the participant’s quarterly statement. Quarterly statements are mailed within 10 business days after the end of each quarter.