A Look at Cash Refunds: An Infographic

To be clear: refunding your ASRS account is only an option for those who are no longer a contributing member - not an option for active, contributing ASRS members. But, for those who have left their ASRS employer or are thinking of doing so, the question of "What happens if I take a cash refund of my ASRS account?" is a common one.

In this infographic, we look at an example of an ASRS member with an estimated refund of $10,000 to see how taxes apply, what penalties may be assessed, and what the estimated remaining cash amount could be. (Along with options available to avoid those penalties and taxes.)

Refund Infographic

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