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Can I use 401(k) money to do a Purchase of Service in the Base Plan?

April 26, 2017base money Plan purchase service

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Can I use 401(k) money to do a Purchase of Service in the Base Plan?

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Yes. You must complete Purchase of Service paperwork within 90 days prior to your retirement. Contact your PERSI Retirement Specialist for information on how to use your Choice Plan to purchase service and obtain the appropriate paperwork.