{"id":394,"date":"2014-10-06T15:00:41","date_gmt":"2014-10-06T19:00:41","guid":{"rendered":"https:\/\/www.bu.edu\/hr\/?page_id=394"},"modified":"2024-03-04T13:10:54","modified_gmt":"2024-03-04T18:10:54","slug":"if-you-leave-the-university","status":"publish","type":"page","link":"https:\/\/www.bu.edu\/hr\/finances\/supplemental-retirement-savings-plan\/if-you-leave-the-university\/","title":{"rendered":"If You Leave the University"},"content":{"rendered":"

You are fully “vested” in all of your Supplemental Retirement & Savings Plan account balances. Therefore, if your employment with Boston University ends, you will be entitled to receive payment of your accounts as follows:<\/p>\n

Fidelity <\/b><\/p>\n

    \n
  1. You may elect to receive a lump-sum distribution of the money you have invested in your accounts.<\/li>\n
  2. You may leave funds on account for distribution at a later date (no later than April 1 following the calendar year in which you reach age 73). You may not make contributions directly to your\u00a0 accounts.<\/li>\n
  3. You may roll over all or a portion of your account into an IRA or other plan that will accept the rollover, provided you meet federal requirements.<\/li>\n<\/ol>\n

    The rights of your spouse<\/a> <\/b>also apply if you elect an annuity form of payment for benefits due when you terminated your employment with the University.<\/p>\n

     <\/p>\n","protected":false},"excerpt":{"rendered":"

    You are fully “vested” in all of your Supplemental Retirement & Savings Plan account balances. Therefore, if your employment with Boston University ends, you will be entitled to receive payment of your accounts as follows: Fidelity You may elect to receive a lump-sum distribution of the money you have invested in your accounts. You may […]<\/p>\n","protected":false},"author":8774,"featured_media":0,"parent":362,"menu_order":14,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/394"}],"collection":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/users\/8774"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/comments?post=394"}],"version-history":[{"count":8,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/394\/revisions"}],"predecessor-version":[{"id":21374,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/394\/revisions\/21374"}],"up":[{"embeddable":true,"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/pages\/362"}],"wp:attachment":[{"href":"https:\/\/www.bu.edu\/hr\/wp-json\/wp\/v2\/media?parent=394"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}