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6+ months prior to your planned retirement date
- Confirm your retirement eligibility to retire with the Director of designation of "SPU staff retiree" with Human Resources, hr@spu.edu.
- Schedule an appointment with Transamerica to discuss your distribution options. A Transamerica retirement planning consultant is available for individual appointments once a quarter.
- If you are participating in the Health Savings Account (HSA), stop your both SPU and your personal HSA contributions at least 6-months before enrolling in any part of Medicare or starting your Social Security benefits. HSA Change Form If you have additional question on whether to enroll in Medicare and you are contributing to the HSA, go to this link to go through a decision guide.
- Consider enrolling in SPU’s medical plan with a Health Reimbursement Account (HRA) during the open enrollment period of the prior year before you retire.
- Confirm your beneficiary designations are up-to-date.
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