Do you have an active defined contribution account with INPRS?
If you still have an active INPRS defined contribution (DC) account, you have the option to keep it with INPRS, roll it over, withdraw it, or annuitize all or a portion of your balance.
To initiate a request for a distribution, you can log in to your INPRS online account. You may also call (844) GO-INPRS to begin a distribution request with a member advocate.
For more information and to verify your eligibility to withdraw your DC, view pages 37 & 76 of the Member Handbook.
How can INPRS support you during retirement?
Are there resources you would like to have or topics you would like to know more about that could help you during your retirement years? Whether you could use a webinar, tutorial, or other ways of support, INPRS is excited to hear your feedback on how we can support you!
To share your ideas, email us at info@inprs.in.gov.
Retiree Millie Adams has (nearly) done it all
Mildred Jamison Adams, also known as Millie, was born on June 17, 1929, in Gary, Indiana. In 1950 she married the love of her life John S. Adams, better known as Big John. Together they had three children: Steven, Michael, and Paula. She is the proud grandmother of Erika, Anthya, and Adam and great grandmother to Alynn, Gabriella, Syieed, Grayson, and Shilo to date.
Throughout Millie’s lifetime, she served the State of Indiana and the City of Gary as a Commissioner on the Status of Women; was a Charter member of Christ Baptist Church; a member of Gary Business & Professional Women’s Club; and The Drifters. Millie was also active in the civil rights movement of 1947 and built a successful World Book empire with her husband.
Education has always been dear to Millie’s heart. After graduating from Indiana University Northwest, she spread her knowledge in the Gary community. Millie spent over 50 years with Gary Community Schools; 30 years as an educational secretary, and 22 years as a substitute teacher until the age of 85. Millie’s passionate desire to help her community didn’t end there.
When Millie retired from the Gary Community School Corporation, she sold her home and moved to Arkansas to follow her retirement dream. There, she stays active in her retirement by working as a watch care member of Eighth Street Baptist Church and babysitting for her great-grandkids. Millie recently was able to attend a lecture with honorable Ruth Bader Ginsburg before her passing. Like Ruth, Millie Adams’s career in public service is a shining example of being generous with your talents, even into retirement age.
1099R’s are available online
1099-Rs will arrive in your mailbox and online any time after Jan. 31, 2021. You may view your 1099-R on your secure online account at www.myINPRSretirement.org.
Your 1099-R is an important piece of your income data, and you need it to complete your taxes accurately. Please pay special attention to Box 7 of your 1099-R to ensure it is appropriate for your situation. If the “early distribution-no known exception” box is checked and you believe that there is an exception, please consult your tax advisor.
If you need help downloading your 1099-R or if you still have not received it in the mail by Feb. 18, please call us at 844-GO-INPRS or 844-464-6777.
INPRS Debit Card 101
Received your INPRS debit card? Great! Upon its arrival, make sure to activate your card with the instructions provided in the mailer to access your payments.
You can use your INPRS debit card to:
- withdraw cash via ATMs and banks,
- pay for items at any store,
- pay bills via the Go Portal,
- and hold your leftover cash from past monthly payments.
If you wish to do so, you may still opt for a direct deposit to your bank account. You can sign up now by logging on to your account at www.myINPRSretirement.org or calling us at (844) GO-INPRS. Depending on when we receive it, it is likely that a few of your benefit payments will still be made via the INPRS debit card.
To view more information about how to get started with your INPRS debit card option, please visit our online FAQ page here : ( https://bit.ly/INPRSDebitCards )
Debit cards are distributed to INPRS retirees who have chosen not to receive their benefit by ACH. Debit cards are the replacement option for paper checks.