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Retirement information meeting
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<blockquote data-quote="vantexan" data-source="post: 2316609" data-attributes="member: 24302"><p>Nope, just consulted with the Retirement Service Center about it. If you are retiring you have to start the process 3 months before your chosen retirement date. If cashing out the portable pension it'll be a week or two after you leave before they cut you a check(if you started the process 3 months before you leave). The traditional pension can start as early as your 55th birthday if you retire early and your birthday falls on the first of the month. If the 2nd or later then it'll start the first of the next month. If you cash out your 401k Vanguard will cut you a check 45 days after your last day per FedEx rules. In other words try to have some savings/accrued vacation to get by on til the money comes in.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2316609, member: 24302"] Nope, just consulted with the Retirement Service Center about it. If you are retiring you have to start the process 3 months before your chosen retirement date. If cashing out the portable pension it'll be a week or two after you leave before they cut you a check(if you started the process 3 months before you leave). The traditional pension can start as early as your 55th birthday if you retire early and your birthday falls on the first of the month. If the 2nd or later then it'll start the first of the next month. If you cash out your 401k Vanguard will cut you a check 45 days after your last day per FedEx rules. In other words try to have some savings/accrued vacation to get by on til the money comes in. [/QUOTE]
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