Withdrawals

When your RF employment ends, you may surrender your Basic Retirement Plan vested TIAA contracts for the cash value, subject to IRS regulations. 

To be eligible to surrender your contract for the cash value, the following criteria must be met:

• your TIAA Traditional Annuity retirement annuity accumulation is less than $2,000, and
• your total TIAA retirement annuity accumulation from employer-paid premiums is not over $4,000 and
• annuity payments have not begun, including a TIAA Transfer Payout Annuity