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Personal Finance and Forex Share tips of the trade or ask questions regarding the best way to manage your personal accounts and savings. Where should you have your funds allocated in terms of liquidity, dollar leverage (against inflation) and retirement planning.

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Old 01-26-2008, 01:50 AM
Paul C Paul C is offline
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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?
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Old 01-26-2008, 01:54 AM
harleygirl harleygirl is offline
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IT COME'S TO MEEEEEEEEEEE!!!!

THEY SHOULD CUT YOU A CHECK.
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Old 01-26-2008, 01:55 AM
newjerseyguy newjerseyguy is offline
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Contact the payroll/H.R. function.
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Old 01-26-2008, 01:59 AM
roderick_young roderick_young is offline
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If the money actually paid in came out of your paycheck, then it's yours, and cannot be taken away. If this is some kind of pension that you never personally paid into, you might not be vested, in which case, you have nothing.

If it's a 401k, 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 was tax-deferred (probably), then you do NOT want to just withdraw the money, you want to directly roll it into another tax-deferred account, like an IRA.

Check with your personnel department, or ask older employees at your workplace.
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