How to Obtain Benefits

Your plan benefits will normally start when you retire. You may also start your benefits once you reach age 65 regardless of whether or not you are retired or still employed. If you wish, however, you may postpone the start of your benefits while you are still working for the University.

You have some choices as to the form of payment of your retirement benefits.

Particularly if you have large plan account balances (or other retirement plan accumulations, including other 403(b) arrangements, employer-qualified plans or IRAs), your choice of a form of payment may affect your tax and estate planning. Consult a qualified advisor if you have any questions.