I want to roll all or a part of my SIS Pension account into an IRA


OK, you can do that (assuming you are eligible for a benefit from the SIS Pension Fund).  We suggest you maintain a diversified portfolio – don’t keep all of your eggs in one basket.  You SIS Pension money has accumulated and grown over the years by using a combination of stocks, bonds, real estate and, perhaps, stable value investments which are a money market substitute that has provided higher than money market returns with similar to money market risk (price stability and preservation of capital).  A professional can help you establish an appropriate asset allocation.  Do not hesitate to listen to expert advice.  You probably have seen sprinkler installations that were performed by poorly skilled individuals.  Seek well qualified professional advice on investments.


Back to Lump Sum Payments

Back to When do Tax Penalties Come into Play?

Back to Planning for Retirement


External Links


Investopedia – Portfolio

– Diversification