Schedule an account check-up to:
- Review your asset allocation strategy in retirement
Choose a payout option that fits your needs:
- The earliest you can begin making withdrawals is 45 days following separation of service.
Decide when you want to take distributions:
- The plan does not require you to begin benefit payments until you are age 70, and separated from service. After April 1st of the calendar year in which you reach age 70 ½, the IRS requires you to take a minimum distribution or pay a penalty of 50% of the amount that was not withdrawn as required.