Can I leave my money in the SIS Pension Fund after I retire?
You
can choose to leave it in the SIS Pension Fund even after you retire. Whatever portion of your money remaining in
your account is invested based on the Life Stage Fund in which you are invested. The Trustees encourage you to leave your SIS
Pension money in the SIS Pension Fund until you are ready to withdraw all or a
part of it. The IRS will make you
withdraw at least a minimal amount each year once you reach age 70 ½.
While
there is no requirement to withdraw your money from the SIS Pension Fund, you
are encouraged to use your SIS Pension Fund money to supplement your retirement
income. For a few ideas about how to do
that, follow the links below.
Use
the SIS Pension Fund to supplement your income during the years before you get
Social Security
Internal Links
Back to SIS Investments for Retirees
Back to Planning for Retirement