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The State Universities Retirement System, or SURS, is an agency in the U.S. state of Illinois government that administers retirement, disability, death, and survivor benefits to eligible SURS participants and annuitants. Membership in SURS is attained through employment with 61 employing agencies, [1] including public universities, community ...
About 35% of working Americans currently have 401(k)s, making it the most utilized retirement option, according to a 2020 census report. But that investment vehicle, beloved by employers across ...
The Illinois General Assembly created the Teachers’ Retirement System of the State of Illinois (TRS or the System) in 1939 for the purpose of providing retirement annuities, and disability and survivor benefits for educators employed in public schools outside the city of Chicago. The System's enabling legislation is in the Illinois Pension ...
Rosemary Mulligan, Republican member of the Illinois House of Representatives (1993–2013). [32] Laura Murphy, Democratic member of the Illinois Senate (2015–present). [33] Michele Reagan – 27th Secretary of State of Arizona. Kitty Rhoades, Republican member of the Wisconsin State Assembly (1998–2010).
Fortune sat down with Benna to discuss how the 401(k) has evolved since it became mainstream in the 1980s, the death of pensions, who the plan works best for, and the future of retirement in the U.S..
The minimum withdrawal age for a traditional 401 (k) is technically 59½. That’s the age that unlocks penalty-free withdrawals. You can withdraw money from your 401 (k) before 59½, but it’s ...
Illinois State University ( ISU) is a public research university in Normal, Illinois. It was founded in 1857 as Illinois State Normal University and is the oldest public university in Illinois. The university emphasizes teaching and is recognized as one of the top ten largest producers of teachers in the US according to the American Association ...
It's a pretty nice view from the top. Here’s what being ‘super wealthy’ in retirement really means — plus how does your nest egg stack up against the top 1%, 5% and 10% of retirees?