NRA Information

A Non-IRA Retirement Account (NRA) is a unique account category referenced in the RS Investment Modified Plan of Distribution. All accounts identified as an NRAs, and expected to receive a distribution payment of $1,000 or more, will receive a letter dated March 18, 2008 outlining their responsibilities with regards to their impending distribution payment. A sample of this letter can be found by viewing the below:

» View the NRA Letter: PDF    Word

If you have additional questions, please review the below "Frequently Asked Questions."

Frequently Asked Questions for Non-IRA Retirement Accounts ("NRA")

1. What does "NRA" stand for?
   Non-IRA Retirement Account.
2. What are my responsibilities as an NRA plan sponsor or administrator?
   As a plan sponsor or administrator it is your responsibility to distribute any monies received pursuant to the Distribution Plan in accordance with your fiduciary, contractual, and/or legal obligations, and consistent with guidance issued by the Department of Labor, if any. The RS Investment Modified Plan of Distribution, particularly pages 20 and 21, discusses the responsibilities of NRA accounts as it relates to the RS Investments distribution.
3. What if I received an NRA notification letter, but my account is not an NRA? If you believe your account is not an NRA, please call 1-866-700-0119 to speak with the Fund Administrator to verify your account type. If it is determined that your account is not an NRA, no further action is required.
4. What if I did not receive an NRA notification letter, but my account is an NRA?
   NRA notification letters were distributed to accounts calculated to receive a distribution payment of $1,000 or more. If you did not receive a letter and feel you should have, you can view and print a copy of the NRA letter at the link on the top of this page, or you may contact the Fund Administrator at 1-877-700-0119
   As referenced in the NRA letter, you should also review pages 20 and 21of the RS Investment Modified Plan of Distribution, which discusses the responsibilities of NRA accounts.

5. How long will it be before we get the distribution proceeds?
   Payments to eligible NRA accounts will be mailed before the end of April 2008
6. The distribution to plan participants is going to cost us money; will we be reimbursed for our out-of-pocket expenses?
   No. The RS Investment Modified Plan of Distribution does not allow for a plan sponsor or administrator to receive reimbursement for this distribution. Please review pages 20 and 21 of the RS Investment Modified Plan of Distribution.
7. What happens if we do not negotiate our distribution check?
   The Plan of Distribution states that all un-cashed distribution checks will be credited back into the RS Investment mutual funds.
8. What are the tax ramifications of this distribution check?
   As the Administrator of the Distribution Plan, we cannot offer any tax advice. You should review the Statement to Eligible Investors, found in the "Tax Information" section of this website for further information, and contact your financial advisor or tax professional to determine the proper tax treatment for your particular situation.
9. What happens if we do not negotiate our distribution check?
   The Plan of Distribution states that all un-cashed distribution checks will be credited back into the harmed One Group mutual funds.
10. What are the tax ramifications of this distribution check?
    As the Administrator of the Distribution Plan, we cannot offer any tax advice. You should review the Statement to Eligible Investors, found in the "Tax Information" section of this website for further information, and contact your financial advisor or tax professional to determine the proper tax treatment for your particular situation.

If the above does not address your question please refer to pages 20 and 21, Section 7, of the Modified Plan of Distribution (http://www.sec.gov/litigation/admin/2007/34-56222-mdp.pdf) or contact the Fund Administrator at 1-866-700-0119.