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Question: If I quit my job what happens to the money I have been contributing to my SURS retirement plan?

Home  » Retirement Plan

Question : If I quit my job what happens to the money I have been contributing to my SURS retirement plan?
I work for a community College and we have to contribute to a retirement plan called SURS. I am planning on quitting but don't know what happens to my money?
- asked by colonpaul

All Answers:
Answer #1
IT COME'S TO MEEEEEEEEEEE!!!!THEY SHOULD CUT YOU ACHECK.
- answered by harleygirl

Answer #2
Contact the payroll/H.R. function.
- answered by newjerseyguy

Answer #3
If the money actually paid in came out of yourpaycheck, then it's yours, and cannot be takenaway. If this is some kind of pension that younever personally paid into, you might not bevested, in which case, you have nothing.If it's a401k, you can leave it with the community college(and draw it out when you reach retirement age),or roll it over into an IRA. If your plan wastax-deferred (probably), then you do NOT want tojust withdraw the money, you want to directly rollit into another tax-deferred account, like anIRA.Check with your personnel department, or askolder employees at your workplace.
- answered by roderick_young




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