Faculty w88 online game Plan (RPA)
Under the RPA, once you retire, you determine when your retirement payments begin. Within the parameters of the Plan, when you retire or terminate your employment with the w88 online game, you may maintain your accounts and/or elect with the fund sponsor to begin receipt of benefits based on the terms of the RPA plan. You are immediately 100% vested in your retirement accounts.
Although income usually begins at w88 online game, you may elect to begin to receive your w88 online game income at any time after termination of employment. You may also elect to receive income while you are actively employed if you have reached the age of 62.
w88 online game benefits must normally begin no later than April 1 of the calendar year following the year in which you attain age 70 1/2.
The following income options are available under this w88 online game (some subject to w88 online game limitations): single life annuities, joint and survivor annuities, cash withdrawals, fixed period annuities, systematic withdrawals, interest-only distributions, and minimum distributions.
You should contact your fund sponsor several months prior to your w88 online game date regarding income options and review with that fund sponsor all forms of income available to you in w88 online game. Income decisions should be made only after fully understanding all options and determining which options best suit your lifestyle.
w88 online game may receive a cash withdrawal from the plan after termination depending on your years of service.
Fewer than five w88 online game of experience
If you leave the w88 online game with less than 5 years of service, you are eligible to withdraw both the employer and the employee contributions in any form of withdrawal available from w88 online game RPA fund sponsor; this includes 100% cash withdrawals.
Five or more w88 online game
w88 online game Contributions
Employee contributions may be withdrawn as a cash withdrawal at any age if you leave the w88 online game with 5 or more years of service.
Employer w88 online game
Employer contributions may be withdrawn as a cash withdrawal only upon reaching the age of 55 or older if you leave the w88 online game with 5 or more years of service. The employer contributions may be withdrawn as a lifetime annuity only if you leave employment with 5 or more years of service and wish to begin receipt of your employer RPA funds before the age of 55. For more information, contact a representative from your w88 online game Fund Sponsor.