On 8/23/16, Marcelle Wiggins wrote:
> On 8/22/16, ~Cher~ wrote:
>> Hi all,
>> I haven't been here in ages..........I am retired and now just
> about turning 70.
>> Any others In California turning or turned 70 on this board.
>>
>> I don't know who to go to or what to do with retirement now
> that we are
>> forced to withdraw it starting at 70.
>>
>> you can email me at chobson@cox.net if you have any
> suggestions on where
>> to find info about investing and where.
>>
>> Thanks so much for any help!
> I have turned 70 also. If you are under the STRS system you are
> forced to take your Defined Benefit amount by 70 !/2. If you are
> still working, which I am, and still in STRS employment, you
> must take it when you retire. You can only take it when you
> retire or you lose it. First retire with the district on your last day
> of employment. You must file with STRS the day after or lose
> your Defined Benefit. I this applies to you, you need to make a
> retirement counseling appointment with your STRS local office.
PS I have opted to take the lump sum when I retire and do my own
investing. You need to talk to your retirement system office for
options.
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