Nearing Retirement | My NC Retirement

Are you starting to think about how to generate retirement income from your savings?

Taking some important steps now can help you get ready:

Use the Retirement Planner to learn how much more you may need to save.
Consider a one-time contribution or rolling over outside savings from other retirement accounts.
Consider taking advantage of the Transfer Benefit.

Before you decide to roll your money out...

You may be considering moving your money somewhere else, but before you do, you should know exactly what your costs are.

Retirement Checklist

Participants who are members of TSERS or LGERS can transfer all or a portion of their NC 401(k) and/or NC 457 balances into TSERS or LGERS to receive an additional monthly lifetime benefit. See the North Carolina Retirement Systems' checklist.

NC 401(k) & NC 457 Plan Cost Comparison Document

Over half of all active state and local government employees participate in the NC 401(k) and/or NC 457 Plans. This gives us leverage to keep fees low and often more competitive than retail investment accounts. Use this Cost Comparison Document as a tool to compare NC 401(k)/NC 457 Plans’ fees with other investment options.

Resources

The Experts	Additional Information
Contact the Retiree Advocate. Contact your designated NC 401(k)/NC 457 Plans’ Retirement Education Counselor. Call 866-NCPlans (866-627-5267).	Access ORBIT, your online retirement account portal. Visit the Social Security Administration.

Rollover assets may be assessed fees or other surrender charges. Please contact current account provider for this information.