If You Become Disabled :: MPTN Advantage

If You Become Disabled
Benefit	What You Should Know
Medical and Prescription Drug Coverage	If you are eligible and your employment ends, you may continue health care coverage for yourself and your dependents under MPTN COBRA.
Dental and Vision Coverage	Same as Medical, above.
Health Care Flexible Spending Account (FSA)	While you are receiving STD benefits, your FSA contributions are suspended until you return from your STD leave, but you continue to be eligible to submit claims for reimbursement of eligible expenses incurred while you were making contributions. If you do not recover and return from your STD leave, and you begin receiving LTD benefits, and your employment ends, so does your FSA participation. You may submit claims for eligible expenses incurred while you were making contributions until March 31st of the following year.
Dependent Care Flexible Spending Account (FSA)	Same as Health Care FSA, above.
Short-Term Disability	Short-Term Disability benefits begin after you complete a seven-day elimination period. You can receive benefits for up to a maximum of 12 weeks.
Long-Term Disability — Basic Coverage	After you meet a 90-day elimination period, monthly payments begin as long as your application for Long-Term Disability has been approved. LTD premiums are waived during your disability.
Long-Term Disability — Buy-Up Option	Same as Long-Term Disability, above.
Basic Life Insurance	Your coverage continues.
Supplemental Life Insurance	Your coverage continues.
401(k) Plan	You are eligible to receive a cash distribution from the plan when you become totally and permanently disabled. Human Resources will need to be provided with documentation from the Social Security Administration confirming your disability. You become fully vested in your account balance when your employment ends due to being totally and permanently disabled. When you leave, you can continue to keep your money in the plan if your vested account balance is more than $1,000, subject to federal minimum required distribution rules. Should you decide to take a distribution from the plan, you will be subject to a mandatory 20% federal income tax withholding, unless your money is directly rolled over into an IRA or another qualified plan that accepts rollovers. However, your account balance will not be subject to a 10% early withdrawal penalty as a result of your total and permanent disability. To obtain a distribution, you can contact Merrill Lynch at 1-800-228-4015.