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 firstname.lastname@example.org 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.
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