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Retirees

Heading Into Retirement

Congratulations! Now that you're ready to take the big step, here are a few tips on how you can make the transition.

Steps For New Retirees

• Read When Employment Ends - Retirement
• Contact Stanford Benefits to request a retirement calculation (allow at least eight weeks for results).
• Attend a Health Care in Retirement workshop or view the workshop online.
• Review your retiree medical plan options before you make your Medical and Life elections.
• Contact Stanford Benefits to make your benefits selection.
• If you are over age 65 and enrolled in a Medicare Advantage Plan, be sure to complete the documentation. Contact Stanford Benefits for more information.
• Look for your new medical plan ID card in the mail.
• Talk to your accountant or a tax advisor about your accounts in SCRP and/or SRAP funds. Or, make an appointment with a financial counselor available on campus.
• Determine how you want to take a distribution from SCRP and/or SRAP.