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Your clients can make direct transfers or rollovers of their retirement plan money from other companies to TIAA-CREF.
To do so, they must complete both the current carrier's form (if required) and the TIAA-CREF form.
Tax-free rollovers are permitted between qualified plans, 403(b) plans, governmental 457(b) plans, and all IRAs. For rollovers to any account other than an IRA, contact the benefit office of the administrating institution for information about plan rules.
Transfer Policies
TIAA-CREF requires no minimum or maximum transfers or rollovers. Transfers or rollovers can be made at any time, and TIAA-CREF
currently charges no fees for them.
How Long Does It Take?
The request to transfer the funds should be sent to the other carrier within 3 working days of our receiving all completed paperwork.
The typical time for the transfer to be completed is two to three weeks after we receive all completed paperwork, which must include a
waiver stating that the individual is aware that the funds he/she is transferring will be subject to the rules of the plan to which the
funds are being transferred.
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