When you retire, you have several options for your DC Plan, Tax-Deferred 403(b) Plan and 457(b) Plan accumulations:

• Leave your money in the Plans. If you have at least $2,000 in the DC Plan, the 403(b) Plan or the 457(b) Plan, you can leave your money in that Plan.
• Take a full or partial distribution. Subject to Plan rules and processing deadlines, you can request a full or partial distribution of your money. You can have this distribution paid to you or you can arrange a rollover. You can also elect to take systematic withdrawals (periodic distributions) of your money.
• Purchase a commercial annuity. An annuity provides payments in a fixed amount for a specific period of time.

If you have less than $2,000 in a plan, you must take a full distribution from the account or elect a rollover. If you fail to provide distribution directions, your balance, if it exceeds $1,000 but is less than $2,000, will be transferred to an IRA custodian and held on your behalf. If you fail to provide distribution directions and your balance is $1,000 or less, it will be paid directly to you.

Contact Fidelity Retirement Services for more information.