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At or after retirement, you may choose to annuitize your ASA funds, roll them over to another plan, or take the funds as a lump sum payment. There is no requirement to annuitize ASA funds with INPRS. Half of PERF and TRF retirees do not.
Below is information that may be helpful in understanding annuities and estimating possible monthly annuity amounts. INPRS encourages you to consult a financial advisor before making financial decisions.
Indiana Department of Insurance
U.S. Securities & Exchange Commission
United States Department of Labor: Employee Benefits Security Administration
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