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Winter 2024 Retiree News

By Brandi Alexander - December 18, 2024

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This edition of Retiree News is all about the 2025 retiree benefit payment calendar, how to prepare for tax season, how to stay fraud-free during the holidays, and more!

Featured Articles:

Reminders:

The 2024 INPRS Annual Comprehensive Financial Report 

The 2024 INPRS Annual Comprehensive Financial Report (Annual Report) is available. Review it here.

Required Minimum Distribution Notice

Retirees required to take RMDs were mailed a letter in November. Voya will process a gross distribution on or about December 2024 for your total RMD, less any other gross distributions processed this year up until the date of the RMD.

Note: If you are receiving your first RMD, then your RMD must be made by April 1 of next year, in which case you will need to take an additional RMD by December of next year to satisfy next year's RMD.

Please note amounts considered RMD payments are ineligible for rollover treatment. For more information regarding RMDs, visit here.