{"id":10535,"date":"2020-02-17T16:24:35","date_gmt":"2020-02-17T22:24:35","guid":{"rendered":"https:\/\/wp.stolaf.edu\/hr\/?page_id=10535"},"modified":"2026-04-21T16:22:48","modified_gmt":"2026-04-21T21:22:48","slug":"am-i-ready","status":"publish","type":"page","link":"https:\/\/wp.stolaf.edu\/hr\/am-i-ready\/","title":{"rendered":"Am I Ready for Retirement?"},"content":{"rendered":"<div data-modular-content-collection><p><!-- begin-migrated-from-panel-builder --><\/p>\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__image_overlay panel panel-image_overlay site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"image-overlay\"\n\t\t>\n\t\n\t\t<div class=\"site-section__inner site-section__inner--no-padding\">\n\n\t\n\t\t\n\t\n\t\n\t<div role=\"img\" aria-label=\"GU8A1218\" style=\"background-image:url('https:\/\/wp.stolaf.edu\/hr\/files\/2022\/05\/GU8A1218-1.jpg');\" loading=\"lazy\"  class=\"site-section__bg-img site-section__bg-img--m-stack\"><\/div>\n\n\t\t<style>\n\t\t@media all and ( min-width: 960px ) {\n\t\t\t#site-panel__image-overlay-6a012fd0c4db6 {\n\t\t\t\theight: 500px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t\n\t\t\t\t\n    \n\t<div id=\"site-panel__image-overlay-6a012fd0c4db6\" class=\"site-panel__img-overlay-wrap site-panel__img-overlay--no-ribbon horz-left vert-bottom\">\n\n\t\t<div class=\"site-panel__img-overlay-content\">\n\t\t\t<div class=\"t-content t-content--light\">\n\t\t\t\t\t\t\t\t\t<h2 class=\"site-section__title bold\"\n\t\t\t\t\t\tdata-depth=\"0\"\n\t\t\t\t\t\tdata-name=\"title\"\n\t\t\t\t\t\tdata-autop\n\t\t\t\t\t\tdata-livetext\n\t\t\t\t\t>\n\t\t\t\t\t\tRetirement Readiness\n\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"site-section__desc\"\n\t\t\t\t\t\tdata-depth=\"0\"\n\t\t\t\t\t\tdata-name=\"content\"\n\t\t\t\t\t\tdata-autop\n\t\t\t\t\t\tdata-livetext\n\t\t\t\t\t>\n\t\t\t\t\t\t<h4>To be considered a retiree of St. Olaf, faculty and staff must be age 55 and above with 5 or more years of service on the last day of employment.<\/h4>\n\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\n\n\t\t\t\t\n\t\t<\/div>\n\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__title panel panel-title site-section__bg--u-cc-gold-light\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"title\"\n\t\t>\n\t\n\t\n\t\n\t\n<section class=\"site-section__inner--bottom-padding-none site-panel__title--wrapper u-cc-gold-light\">\n\n\t\t\t<div class=\"hero__pattern u-fc-white\">\n\t\t\t<div class=\"pattern--background\" style=\"--pattern-url: url('https:\/\/wp.stolaf.edu\/hr\/wp-content\/plugins\/st-olaf-gutenberg-blocks\/\/assets\/img\/backgrounds\/pattern-a.svg')\"><\/div>\n\t\t<\/div>\n\t\n\t<div class=\"site-panel__title--inner l-wrapper\">\n\t\t<h1 class=\"page__title h1\">Under Age 65<\/h1>\n\t<\/div>\n<\/section>\n\n\n\t\t\t\t\n\t\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__wysiwyg panel panel-wysiwyg site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"wysiwyg\"\n\t\t>\n\t\n\t\t\t<div class=\"site-section__inner l-wrapper site-section__inner--top-padding-none site-section__inner--bottom-padding-none\">\n\t\n\t\n\t\t\n\t\n\t\n\t<div class=\"site-section__content \">\n\t\t<div class=\"site-grid site-grid__wrapper \"\n\t\t\t data-depth=\"0\"\n\t\t\t data-name=\"columns\"\n\t\t\t data-livetext>\n\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content c-tile\"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"0\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h4 id=\"option-1-cobra\" class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><strong>OPTION 1<\/strong><\/h4>\n<h5 class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><a href=\"https:\/\/wp.stolaf.edu\/hr\/under-age-65-retirement-planning\/\">COBRA<\/a><\/h5>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content c-tile\"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"1\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h4 id=\"option-2-mnsure-org\" class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><strong>Option 2<\/strong><\/h4>\n<h5 class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><a href=\"https:\/\/wp.stolaf.edu\/hr\/under-age-65-retirement-planning\/\">MNsure<\/a><\/h5>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content c-tile\"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"2\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h4 id=\"option-3-move-to-a-spouses-plan\" class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><strong>OPTION 3<\/strong><\/h4>\n<h5 class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><a href=\"https:\/\/wp.stolaf.edu\/hr\/under-age-65-retirement-planning\/\">Spouse&#8217;s Plan<\/a><\/h5>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\n\t\t<\/div> <!-- .site-grid, .site-grid__wrapper -->\n\t<\/div> <!-- site-section__content -->\n\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__wysiwyg panel panel-wysiwyg site-section__bg--normal\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"wysiwyg\"\n\t\t>\n\t\n\t\t\t<div class=\"site-section__inner l-wrapper site-section__inner--top-padding-none site-section__inner--bottom-padding-none\">\n\t\n\t\n\t\t\n\t\n\t\n\t<div class=\"site-section__content \">\n\t\t<div class=\"site-grid site-grid__wrapper site-grid__wrapper-stagger\"\n\t\t\t data-depth=\"0\"\n\t\t\t data-name=\"columns\"\n\t\t\t data-livetext>\n\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content \"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"0\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h5 id=\"when-youre-ready-to-enroll\" class=\"site-section__title h3\" style=\"text-align: left;\" data-name=\"title\" data-depth=\"0\" data-index=\"0\"><strong>WHEN YOU&#8217;RE READY TO ENROLL IN MEDICARE<\/strong><\/h5>\n<h4>Contact Social Security first, then reach out to Human Resources to learn about the Emeriti Retiree Health Insurance Plans through HealthPartners.<\/h4>\n<h3><a class=\"btn\" href=\"https:\/\/wp.stolaf.edu\/hr\/benefits-2\/medicareresources\/\" target=\"_blank\" rel=\"noopener\">MEDICARE RESOURCES<\/a><\/h3>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\n\t\t<\/div> <!-- .site-grid, .site-grid__wrapper -->\n\t<\/div> <!-- site-section__content -->\n\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\n\t\t\t<\/div>\n\t\n\n\n\t\t<div\n\t\tclass=\"site-section site-panel__gettoknow site-panel__get_to_know panel panel-get_to_know site-panel-shape-bbc--gold-navy site-section__content   layout--1-col\"\n\t\tdata-depth=\"\"\n\t>\n\n\t\t\t<div class=\"site-section__inner l-wrapper   layout--1-col\">\n\t\n\t\n\t\n\t<div class=\"site-panel__gettoknow-content stat-count-1\">\n\n\t\t\t\t\t<div class=\"site-panel__gettoknow-intro u-bc-grey-light t-content\">\n\n\t\t\t\t<div class=\"site-panel__gettoknow-bg u-fc-purple\">\n\t\t\t\t\t<div class=\"pattern--background\" style=\"--pattern-url: url('https:\/\/wp.stolaf.edu\/hr\/wp-content\/plugins\/st-olaf-gutenberg-blocks\/\/assets\/img\/backgrounds\/pattern-c.svg')\"><\/div>\n\t\t\t\t<\/div>\n\n\t\t\t\t<div class=\"p-intro site-panel__gettoknow-desc\" data-depth=\"0\" data-name=\"content\" data-livetext>\n                    \t\t\t\t\t\t<h2 class=\"site-section__title h3\">USING EMERITI RETIREMENT HEALTHCARE SAVINGS PLAN (VEBA) FOR REIMBURSEMENT<\/h2>\n                    \n\t\t\t\t\t<h5>St. Olaf provides a Retirement Health Savings Plan (RHSP), administered by Emeriti and TIAA. The RHSP (also known as VEBA) dollars can be used to pay for Medicare premiums, health-related expenses and more.<\/h5>\n<h3><a class=\"btn\" href=\"https:\/\/wp.stolaf.edu\/hr\/files\/2020\/02\/FINAL_141034280-2019-ST.-OLAF-Plan-Highlights.pdf\" target=\"_blank\" rel=\"noopener\">LEARN HOW IT WORKS<\/a><\/h3>\n<h3><a class=\"btn\" href=\"http:\/\/www.emeritihealth.org\/pdf\/Emeriti_Reimbursement_Form_Fillable.pdf\" target=\"_blank\" rel=\"noopener\">Submit qualified medical expenses<\/a><\/h3>\n\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t\t\t<\/div>\n\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\n\t<\/div>\n\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__title panel panel-title site-section__bg--u-cc-gold-light\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"title\"\n\t\t>\n\t\n\t\n\t\n\t\n<section class=\" site-panel__title--wrapper u-cc-gold-light\">\n\n\t\t\t<div class=\"hero__pattern u-fc-white\">\n\t\t\t<div class=\"pattern--background\" style=\"--pattern-url: url('https:\/\/wp.stolaf.edu\/hr\/wp-content\/plugins\/st-olaf-gutenberg-blocks\/\/assets\/img\/backgrounds\/pattern-a.svg')\"><\/div>\n\t\t<\/div>\n\t\n\t<div class=\"site-panel__title--inner l-wrapper\">\n\t\t<h1 class=\"page__title h1\">Age 65 and over<\/h1>\n\t<\/div>\n<\/section>\n\n\n\t\t\t\t\n\t\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__wysiwyg panel panel-wysiwyg site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"wysiwyg\"\n\t\t>\n\t\n\t\t\t<div class=\"site-section__inner l-wrapper site-section__inner--top-padding-none\">\n\t\n\t\n\t\t\n\t\n\t\n\t<div class=\"site-section__content \">\n\t\t<div class=\"site-grid site-grid__wrapper \"\n\t\t\t data-depth=\"0\"\n\t\t\t data-name=\"columns\"\n\t\t\t data-livetext>\n\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content c-tile\"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"0\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h5 class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\">Option 1<\/h5>\n<h5><a href=\"https:\/\/wp.stolaf.edu\/hr\/65-retirement-planning\/\">Spouse&#8217;s Plan<\/a><\/h5>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t\t<div class=\"site-panel__wysiwyg-content\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"t-content c-tile\"\n\t\t\t\t\t\t\t\t data-depth=\"0\"\n\t\t\t\t\t\t\t\t data-index=\"1\"\n\t\t\t\t\t\t\t\t data-autop=\"true\"\n\t\t\t\t\t\t\t\t data-name=\"column_content\"\n\t\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t<h4 class=\"site-section__title site-section__title--sm\" data-name=\"title\" data-depth=\"0\" data-index=\"0\">Option 2<\/h4>\n<h5><a href=\"https:\/\/wp.stolaf.edu\/hr\/65-retirement-planning\/\">Enroll in Medicare A &amp; B + Supplemental Plan<\/a><\/h5>\n\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\n\t\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\t\n\t\t<\/div> <!-- .site-grid, .site-grid__wrapper -->\n\t<\/div> <!-- site-section__content -->\n\n\n\t\t\t\t\n\t\t\t<\/div>\n\t\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__image_overlay panel panel-image_overlay site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"image-overlay\"\n\t\t>\n\t\n\t\t<div class=\"site-section__inner site-section__inner--no-padding\">\n\n\t\n\t\t\n\t\n\t\n\t<div role=\"img\" aria-label=\"AerialMellbyFall99\" style=\"background-image:url('https:\/\/wp.stolaf.edu\/hr\/files\/2019\/08\/AerialMellbyFall99-1600x1058.jpg');\" loading=\"lazy\"  class=\"site-section__bg-img site-section__bg-img--m-stack\"><\/div>\n\n\t\t<style>\n\t\t@media all and ( min-width: 960px ) {\n\t\t\t#site-panel__image-overlay-6a012fd0c732e {\n\t\t\t\theight: 500px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t\n\t\t\t\t\n    \n\t<div id=\"site-panel__image-overlay-6a012fd0c732e\" class=\"site-panel__img-overlay-wrap site-panel__img-overlay--no-ribbon horz-center vert-middle\">\n\n\t\t<div class=\"site-panel__img-overlay-content\">\n\t\t\t<div class=\"t-content t-content--light\">\n\t\t\t\t\t\t\t\t\t<h2 class=\"site-section__title bold\"\n\t\t\t\t\t\tdata-depth=\"0\"\n\t\t\t\t\t\tdata-name=\"title\"\n\t\t\t\t\t\tdata-autop\n\t\t\t\t\t\tdata-livetext\n\t\t\t\t\t>\n\t\t\t\t\t\tDeparture Checklist for Faculty and Staff\n\t\t\t\t\t<\/h2>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<a class=\"btn\" href=\"https:\/\/wp.stolaf.edu\/hr\/departure-checklist\/\" target=\"\">Take Action<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t<\/div>\n\n\n\t\t\t\t\n\t\t<\/div>\n\n\t\t\t<\/div>\n\t\n\n\n\t\t\t<div\n\t\t\tclass=\"site-section site-panel__micronavbutton panel panel-micronavbutton site-section__bg--default\"\n\t\t\tdata-depth=\"\"\n\t\t\tdata-js-panel=\"micronavbutton\"\n\t\t>\n\t\n\t    <div class=\"site-section__inner site-section__inner--top-padding-none site-section__inner--bottom-padding-none micronavbutton\">\n\n\t\t\n\t\n\t<div class=\"site-grid site-grid__no-gutters\"\n\t     data-depth=\"0\"\n\t     data-name=\"buttons\"\n\t     data-livetext\n\t>\n\n\t\t\t\t\t<div class=\"site-grid__col\">\n\t\t\t\t<a class=\"site-panel__micronavbtn-btn u-bc-purple\"\n\t\t\t\t   \thref=\"https:\/\/wp.stolaf.edu\/hr\/files\/2012\/12\/VoluntaryRetirementPlanforFaculty.pdf\"\n\t\t\t\t   \ttarget=\"\"\n\t\t\t\t>\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-label\">Voluntary Retirement Plan <\/span>\n\n\t\t\t\t\t<span class=\"site-panel__micronavbtn-btn-desc\">\n\t\t\t\t\t\tFor Faculty\n\t\t\t\t\t<\/span>\n\t\t\t\t<\/a>\n\t\t\t<\/div> <!-- .site-grid__col -->\n\t\t\n\t<\/div> <!-- .site-grid -->\n\n\n\t\t\t\t\n\t\t<\/div>\n\n\t\t\t<\/div>\n\t\n\n\n<p><!-- end-migrated-from-panel-builder --><\/p><\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":4261,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/page-full-width.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-10535","page","type-page","status-publish","hentry"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/pages\/10535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/users\/4261"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/comments?post=10535"}],"version-history":[{"count":27,"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/pages\/10535\/revisions"}],"predecessor-version":[{"id":22412,"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/pages\/10535\/revisions\/22412"}],"wp:attachment":[{"href":"https:\/\/wp.stolaf.edu\/hr\/wp-json\/wp\/v2\/media?parent=10535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}