Hey Larry, if the Company has a 401k set up with Morgan Stanley, you will need to go thru them. We could do a regular IRA for you, but you should take advantage of the 401k. Contributions will come out of your pay check pre-tax and most of the time employers will match up to a certain percent of your contribution, unlike with a regular IRA. If later down the road you are no longer with the company, let me know. If you separate from employment, I can be your financial advisor on the account and reclassify it as an traditional IRA. Let me know if you have any other questions & have a fabulous day �� Paige From: Larry Watts Sent: Monday, November 26, 2018 5:32 AM To: Paige Yohn Subject: Paige, Is this something I can request be done through you? Or are we required to use their company? Website: www.morganstanleyfa.com/theradcliffgroup 2019 Open Enrollment for 401(K) and Flexible Spending Accounts is November 19, 2018 thru December 3, 2018. 401(k) RETIREMENT PLAN: IRS Limits for 2019: Elective Deferral $19,000 and "Catch-Up" $6,000 · Enroll, increase or decrease deferral percentage (no limit per paycheck) · Elect "Catch-Up" contributions; (must be turning 50 or older in 2019) · Matching Contributions (20% on up to 15% of annual salary) · Vesting (1 year or more, 100%) Plan Distributions: · Retirement · Death · Termination of employment Financial Hardship Withdrawals: · All or part of elective deferral contributions (not earnings) for immediate • and severe financial need. · Elective deferral contributions will be suspended for six months following the date of the withdrawal. In-Service Withdrawals: · Rollover Withdrawal · Age 59 1/2 Withdrawal · 5 Year Active Member Withdrawal Fees · $50 incurred each time a distribution is processed · An $50 annual fee will apply to new installment election, if available, under the plan (collected quarterly)