NRECA Employee Benefits Weekly

“Making Distribution Decisions” Webinar Is Available Online

Posted on Posted in Retirement Benefits

If you weren’t able to tune in during yesterday’s lunch and learn webinar hosted by the Personal Investment & Retirement Consulting (PIRC) team, you can now view the recording on the NRECA Employee Benefits website and share it with your cooperative.

The 30-minute program, “Making Distribution Decisions,” covers some of the factors employees should consider before withdrawing their retirement plan benefits – whether at retirement or sooner. PIRC planner Will Black hosted the session and talked about:

  • The difference between retirement age and retirement readiness
  • Choices and tradeoffs when taking benefits from the Retirement Security Plan, 401(k) Pension Plan and Social Security
  • Special considerations around 2023 versus 2024 retirements when taking RS Plan benefits as a single cash payment
  • How PIRC can help plan participants, their beneficiaries and other alternate payees with distribution decisions and completing distribution option forms – during new expanded hours for these services

Participants who would like to view the recording directly can access it – and other recent PIRC webinars on the PIRC page, in the right-hand column under Latest Webinars.

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