Certain events, including retirement, will permit or trigger your retirement funds to be distributed. When one of these events occurs, you must then make your choice (if one is available) as to the distribution method to be used. Events permitting or requiring a distribution must be specified in your qualified retirement plan document. Typical distribution events are:

• Retirement on or after attaining the plan's normal retirement age
• Financial hardship
• Death
• Attainment of normal retirement age
• Disability
• Attainment of age 72 (70½ if you reached age 70 1/2 by January 1,2020) unless still employed. If you own more than 5% of the entity that sponsors the plan, you must begin taking minimum distributions at age 72 (70½ if you reached age 70 1/2 by January 1,2020), even if you continue to work.

IMPORTANT NOTE: Distributions from a traditional IRA must begin at age 72, even if you are still working.

• Other termination of employment, including early retirement
• Plan termination