{"id":5929,"date":"2025-05-26T17:11:00","date_gmt":"2025-05-26T17:11:00","guid":{"rendered":"https:\/\/staging-prod-wa.cdcndevelopment.com\/?post_type=faq&p=5929"},"modified":"2025-11-22T17:31:05","modified_gmt":"2025-11-22T17:31:05","slug":"how-do-i-get-my-retirement-money","status":"publish","type":"faq","link":"https:\/\/www.consumerdirectwa.com\/ko\/faq\/how-do-i-get-my-retirement-money\/","title":{"rendered":"How do I get my retirement money?"},"content":{"rendered":"

Generally, you must be 65 or older in order to take a distribution from the Secure Retirement Plan. How your Secure Retirement Plan account is paid depends on how much money you have in your account.<\/p>\n\n\n\n

Beginning January 1, 2025:<\/p>\n\n\n\n

    \n
  1. If you are over 65 and your account is more than $5,000, it will be paid in monthly installments depending upon your age and account balance. The minimum monthly payment is $200 (minus mandatory taxes).<\/li>\n\n\n\n
  2. If you are over 65, no longer working, and your account is $5,000 or less, it will be paid in either a lump sum (minus mandatory taxes) or rolled into an IRA of your choice. You must wait 24 months from your last contribution date to close out your account. Milliman will notify you of your options.<\/li>\n<\/ol>\n\n\n\n

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