Human Resources
Retirement Investors' Club (RIC) 457/401a Program
Wait to take a distribution
When you terminate from State employment, your money may stay fully invested in RIC. If you choose to leave your money invested in RIC, no forms are necessary. Your money continues to defer taxes until you decide to take income or turn age 70 1/2 at which time you must begin taking at least the IRS required minimum distributions annually.
You have access to your account to make investment selection changes, provider changes, or distributions at anytime (inactive provider products may have restrictions and/or fees).
