Just because the government has set a retirement age with its Social Security program doesnt mean you have to schedule your own life that way. Divorce doesnt even disqualify you from survivor benefits. Thats why were deliberate about creating a culture where everyone can do their best work and bring their authentic selves to work. In some cases, as with hardship withdrawals, you are not allowed to make a withdrawal unless you have also taken out the maximum available plan loan. Alcoa Employee Benefit: Retirement Plan | Glassdoor For additional support and details regarding browser requirements, please see our But the benefits of getting help goes beyond convenience. Compare health care and insurance options. Regardless of what you choose, IRA distributions are subject to income taxes and may be subject to penalties and other conditions if youre under 59. Via Benefits Marketplace services for employees are provided by various entities including Towers Watson Delaware, Inc. and/or its corporate affiliates depending on your location and other factors. Alcoa hiring Maintenance Planner in Victoria, Australia | LinkedIn Partial withdrawals: Withdraw any amount from your IRA at any time. Watch for your annual enrollment information in the September/November time frame. Alcoa Purchases Group Annuity Contracts for Certain U.S. Pension Plans If you are a new employee who is automatically enrolled in the Plan , the amount you are contributing will be increased by 1 percent each April 1 until you reach the contribution rate of 6 percent. document.write("
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