What happens to my retirement account if I change jobs or retire?
Asked a year ago
If you change jobs or retire, your retirement account with HP Retirement Services remains intact. You have multiple options depending on your circumstances. If you change jobs, you can leave your retirement account with HP where it will continue to grow tax-deferred. Alternatively, you may roll over the funds to your new employer's retirement plan or an Individual Retirement Account (IRA). Rolling over the funds ensures continued tax advantages and flexibility. If you retire, you can access your retirement account with several options: taking regular distributions, making lump-sum withdrawals, or purchasing an annuity. These choices give you the freedom to manage your retirement funds according to your individual needs and financial goals. HP Retirement Services is dedicated to assisting you during these important life transitions.
Need further help?
Type out your followup or related question and we will get you an answer right away.
Similar Questions
Need to call HP Retirement Services?
If you need to call HP Retirement Services customer service, now that you have the answers
that you needed, click the button below. You can either call them on your phone or use our
free AI-powered phone to dial for you, get a rep for you, and more.
Call HP Retirement ServicesHP Retirement Services
Find a list of many popular HP Retirement Services questions with answers or step by step guides on our FAQ page below. Or ask a whole new question and get an answer right away.
Call HP Retirement ServicesHP Retirement Services Customer Service FAQAsk a QuestionWas this page helpful?YesNeeds work
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!