Fidelity Education and Modeling Tools
Fidelity offers a number of education and modeling tools to help you manage your account. You can access:
  • Planning tools to help determine if you are on track to meet your retirement and savings goals;
  • Articles on timely savings and retirement topics;
  • Calculators to help with financial questions, such as the impact of transactions, such as loans and withdrawals.
Learn more about these resources by logging on to Fidelity NetBenefits℠ online account services at www.401k.com or by calling Fidelity's RSP Service Center at 877-PGE-401K (877-743-4015).
Withdrawal Options When You Leave PG&E
When your employment with all employers within PG&E ends, the full value of your account is payable to you. Depending on your account balance, you may elect to leave your money in your account until a later date, or to take a full or partial distribution of your account balance.
A distribution package will be mailed to your home after a 30-day waiting period. The package contains information should you want to withdraw all or a part of your account balance. You may elect to have your distribution transferred to an IRA or other tax-qualified plan, or you may elect to have it paid to you.
If your account balance is $1,000 or less when you retire or leave the employment of the Company, you will receive a letter and a distribution form. You must take a lump-sum distribution of your account balance. If the Plan Administrator does not receive your election form within 60 days from the date on which the materials are mailed to you, your distribution will be sent to you in cash subject to mandatory 20% federal income tax withholding (see "Taxes and Penalties").
If your account balance is greater than $1,000 but not greater than $5,000 when you retire or leave the employment of the Company, you will receive a letter and a distribution form. You must take a lump-sum distribution of your account balance. If the Plan Administrator does not receive your election form within 60 days from the date on which the materials are mailed to you, your distribution will be automatically rolled over to a Fidelity IRA in your name and invested in the Fidelity Cash Reserve Fund, which is an investment designed to preserve capital and provide a reasonable rate of return and liquidity.
If your account balance is greater than $5,000 when you retire or leave the employment of the Company, your account may remain in the Plan until you request a lump-sum or partial distribution of your account balance. Although your money can remain in the Plan, you may not make additional contributions or borrow money from your account. However, as long as you maintain a balance greater than $5,000, you may still make transfers among the investment funds or request partial withdrawals or a distribution from your account. Your account will continue to share in any investment gains or losses for the funds in which you are invested (see "Monitoring and Making Changes to Your Investments"). If you leave employment before retirement age (age 55) and you keep your account in the Plan, you will be charged a recordkeeping fee (see "Fees and Expenses" for more information. The fee for 2013 is $53 per year, and is charged to your account quarterly. If you retire and keep your account in the Plan, PG&E will continue to pay the recordkeeping fee on your behalf.
If your account balance is greater than $5,000 when you retire or your employment ends, you may also choose to have distributions paid in equal monthly, quarterly, or annual installments. Payments can begin immediately or at a later date that is specified by you. Payments can be deposited directly into your bank account.